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BMS Funding Ltd. offers a range of solutions tailored to suit the individual needs of forward thinking PI law firms. We work in conjunction with major UK funders, to be able to provide confidential discount funding on RTA portal case acquisition costs. Contact us to see how we can help you.

Blog thumb clock 06. Mar 2019

With the news dominated by Brexit over the past few months, you may have missed the coming into law of the Civil Liability Bill last December.  The Civil Liability Act 2018 (the Act) is part of the Government’s plans to increase the Small Claims Track limit, which is expected to take effect in 2020. The…

Blog thumb clock 26. Feb 2019

With the passing of the Civil Liabilities Act 2018 last December and the never-ending uncertainty surrounding Brexit which is impacting the property and commercial sector, many entrepreneurial law firms are seeking out new revenue streams. One that provides for solid growth and steady returns is housing disrepair claims. A nation of renters One-fifth of the…

Blog thumb clock 31. Jan 2019

The personal injury and RTA claims industry is currently undergoing radical change.  All Solicitors handling Road Traffic Accident (RTA) claims will be acutely aware of the impact of the Civil Liability Act 2018 on their business. Under the new law, which has now received royal ascent, will from April 2020, raise the small claims limit…

Blog thumb clock 24. Jan 2019

In August 2017, Thomson Reuters revealed analysis showing a whopping 484% increase in patents for legal services technology, predominantly in the United States, China, and South Korea. Such facts provide strong evidence that we are on the cusp of a technological revolution wave in the legal industry, and this has the potential to radically shift…

Blog thumb clock 17. Dec 2018

Although many businesses are aware of the concept of litigation funding, there is little information available on how it actually works in practice. For an organisation with a potential claim, understanding how an application for litigation funding is assessed provides knowledge and confidence. A strong litigation case can be an asset to a company and…

Blog thumb clock 20. Nov 2018

Prior to The Lawyer‘s annual Managing Partners Dinner, the magazine interviewed some of those attending, asking them what they believed were the biggest challenges facing law firms in 2018. One theme that came through was the unprecedented competition Law Firms faced from alternative legal services and the need to access capital to compete effectively. Having…

Blog thumb clock 12. Nov 2018

The future of law is niche. Discussing the LexisNexis Bellwether Report – The Art of Success: Why Independent Law Firms Are Thriving, a New Law Journal op-ed highlighted that over two-thirds of Solicitors feel that being bespoke was a “key driver to success”. Law Firms that specialise in core areas attach significant focus on getting…

Blog thumb clock 10. Sep 2018

There is no sector safe from the enormous changes and upheavals facing us in terms of Brexit. The latest Law Society report states that Brexit “is likely to have a significant negative effect on the legal sector in the medium and longer term. This is largely due to the knock-on impact of Brexit on the…

Blog thumb clock 10. Sep 2018

Reforms under the Civil Liability Bill 2017-19 (the Bill) which requires that any RTA claim worth less than £5,000 be dealt with by the Small Claims Court (and in doing so dramatically reducing the costs that can be claimed on such cases, meaning lawyers are unable to handle them), have been delayed until 2020. This…

Blog thumb clock 22. Aug 2018

SMEs and private individuals are often confused about what litigation funding is, the role of a funder during the litigation process, and what terms such as CFA, DBA, BTE, and ATE mean. To help you understand litigation funding and how it can benefit you, here is a list of FAQs both BMS Funding and Law…