Apex Litigation Funding has been ranked in the Chambers Guide 2021, despite the firm only completing its first full year in recent months. It has achieved a ranking in the ‘Litigation Funding: Insolvency’ section of the latest Chambers Litigation Support Guide.

 In the listing, Chambers point to Apex’s focus on claims from £30,000 to £27m, and its use of artificial intelligence (AI) tools to assist in the assessment and valuation of claims.

 Maurice Powers, CEO of Apex, says: “It is such an achievement to be recognised by Chambers after our first-year trading. I believe that this is not just a reflection of our business already being recognised as a leader in our field, but also of the important need for a funder specialising in providing access to justice for small and mid-size claims.

 “We are proud to be the leading litigation funding specialists who focus solely on this part of the market. We have shown that it is a market that was lacking in support – and that serving these clients can be done profitably.”

 Apex’s approach to serving this market has been to bring together experts from the legal and finance sectors to provide third party litigation funding. Clients include corporates, liquidators and individuals who would otherwise be unable to pursue a claim, with no costs for them should there be no recovery.

 Chambers base their listings on the work of 200 Research Analysts, who collect hundreds of thousands of responses from lawyers, clients, peers and other independent sources when deciding which firms to rank in its guides. 

 Firms are ranked on several categories, including technical legal ability, client service performance, value for money and diligence. 

 In Apex’s second year trading they have been appointed to provide litigation funding to a scheme generating 200-plus cases per annum and grown its team through proactive recruitment of AI and litigation funding specialists.