Call us today0800 160 1298
 
 

Advantage Litigation

Welcome to Advantage Litigation Services. We provide affordable access to commercial litigation.

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Team Blogs
    Team Blogs Find your favorite team blogs here.
  • Login
    Login Login form

Survey highlights lack of legal recourse concerns amongst UK SME’s

Posted by on in Uncategorized
  • Font size: Larger Smaller
  • Hits: 154
  • Subscribe to this entry
  • Print

A survey conducted by the Nesta Challenges, as part of its Legal Access Challenge, has highlighted concerns amongst many UK businesses that the ability to take effective legal action for commercial & business disputes is far too focussed on big business or those with significant financial resources.

The survey of SME’s (Small to Medium sized Enterprises of 1-49 staff, encompassing 99% of all businesses) found that:

• Over 20% of small and medium businesses in England and Wales believe that access to effective and affordable legal advice is reserved for big businesses or those with deep pockets.

• Nearly 50% of small businesses owners and self-employed people felt that the business legal advice sector was not geared up to service their type of business.

• Just under 80% of SME business owners suggested that it needs to be easier for business owners to check whether a problem they were experiencing would be best resolved by going through a formal legal process.

• Many SME owners surveyed were also very keen to embrace online and digital legal services to help with legal problems.

In response to the survey and to help address the divide between the SME sector and ‘big business’, in 2019 the Solicitors Regulation Authority (‘SRA’) partnered with Nesta Challenges in launching the Legal Access Challenge to award £250,000 in prize money to improve legal access and recourse for SME’s. Individuals and businesses who responded to the challenge were able to submit their ideas that demonstrate how technology can narrow the 'legal gap' and make it far easier for individuals and SMEs to access the legal system. In commenting on the challenge, a spokesperson for Nesta said:

It is deeply worrying that so many small business owners feel they can't make use of our legal system. England and Wales have one of the best legal systems in the world and yet we are witnessing a 'legal gap' between those businesses that have the wealth and knowledge of the system to access it, and those that feel they don’t. With 5.6 million SMEs in the UK, employing 16.3 million people, it’s vital they can get the legal advice they need, when they need it…The Legal Access Challenge aims to light a spark among the UK's active community of innovators and entrepreneurs to bring forward the best ideas using technology to broaden access to the legal system, for both citizens and small and medium businesses. Having fair access to legal advice is something that everyone should benefit from, yet too many small business owners and self-employed people currently miss out. We look forward to playing our part in turning that around."

Commercial Litigation Funding

If you are thinking about taking legal action against another individual or company but are worried about the costs involved, Advantage Litigation Services have the skills and expertise to help you find a way of funding commercial litigation without risking your personal finances or those of your business. Click here to contact us today or call 0800 160 1298 to see how we can help.

Get in touch

  1. Your Name(*)
    Please let us know your name.
  2. Your Email(*)
    Please let us know your email address.
  3. Company Name(*)
    Please write a subject for your message.
  4. Your Phone Number
    Invalid Input
  5. Message(*)
    Please let us know your message.
  6. Anti-Spam, please enter the characters shown
    Anti-Spam, please enter the characters shown
    Invalid Input

Latest News

  • Comments made by a High Court judge recently have highlighted some of the complexities involved when using litigation funding to back large commercial claims. The comments, by Mr Justice Nugee, were made during the latest stage of the Ingenious Litigation, in which a large number of investors are attempting to recover losses incurred following investments in so called ‘film-schemes’ – schemes that were initially promoted and sold as a highly tax-efficient form of investment, but more recently have been deemed as inappropriate by HMRC. The investor claims have been made against a number of Ingenious entities and against financial advisors who originally recommended the schemes, with litigation funding being provided to support the claim by Therium. Nugee J recommended that litigation funders and ATE (After The Event) insurers should make their arrangements more defendant friendly, and also stated that just because... Read More

  • In a move that underlines much of the UK government’s strategy with regard to legal and standards conformation post-Brexit, Downing Street has recently confirmed that it would not become a member of the EU’s forthcoming Unified Patent Court (UPC) and its associated unitary patent. The European Union is setting up the Unified Patent Court to act as a common, standardised court across all contracting Member States. The UPC would become part of each Member States judicial system, and it would have exclusive competence in respect of European patents and European patents with unitary effect. Until the current government came to power, the UK Intellectual Property Office (IPO) had previously stated that as the court will not be an EU institution, then the UK’s participation would not be affected by Brexit. However, the 2013 intergovernmental agreement which created the court provides for... Read More

  • A British couple who ended up losing their appeal following a claim against an architect (and former friend) over the free landscaping advice she provided are facing a huge legal bill for costs. Multi-millionaire couple Peter and Lynn Burgess say the planning and work that was carried out at the garden of their £5 million London home would have been finished more quickly and would also have been cheaper had they not followed her advice. The couple, Peter and Lynn Burgess , had originally accepted the advice from former friend Basia Lejonvarn after deciding that a quote from another professional landscape garden designer was too high. Following Ms Lejonvarns initial help, the Burgess’s then decided to hire different contractors to complete the work at a lower price. However, when this didn’t proceed to their satisfaction, the couple returned to Lejonvarns to finish... Read More