Legal finance is alternatively known as the combination of litigation/dispute/third-party and finance/funding. Orington provides capital to ultimately fund the expenses of running cases, including but not limited to lawyers' fees, disbursements, expert witnesses and court or arbitration fees. In return we share in the award or settlement on case success only, all on a non-recourse basis. 

​This asset class has minimal correlation exposure to the market. We expect to generate strong internal rate of returns (IRRs) accustomed to or better than Venture Capital but with higher rates of individual investment success. Reputable litigation funders and law firms have "at-risk" track records of 70-90% success, resulting from favorable adjudications at trial or net positive settlements. 

We additionally:
  • Apply additional investment and commercial filters on the already 'cherry-picked' cases that litigation funders finance and law firms take on contingent basis.
  • Conduct investment management due diligence in order to back litigation funders and law firms with the best teams, track records and investment and legal process.
  • Integrate dedicated portfolio management to manage risk, investment return lumpiness, illiquidity normally associated with the industry by investing across listed and unlisted markets, up and down the capital structure and via direct and indirect opportunities.

Orington has a strong overarching ESG (Environmental, Social and Governance) philosophy. We believe our investments support this by:
  • providing access to justice to claimants without the funds to bring their claims,
  • protecting society's statutory rights of rule of law thereby encouraging better governance, and
  • often providing both a deterrent, as well as an outcome against environmental and societal damage.  
As part of Orington's ESG philosophy, we intend to operate as a social enterprise and integrate procedures, process and actions to support this goal.