Legis

What Legis does

Legis (legally Legis Finance Ltd.) is a privately-held, London-headquartered specialized merchant bank that provides litigation finance and risk mitigation solutions to law firms, corporations, and institutional investors. Founded in 2019 by Tim Scrantom — who previously founded Juridica Capital in 2007 and is credited by the firm with assembling the first publicly listed litigation funder — Legis positions itself as a finance partner to the legal market rather than a generic third-party funder. The firm co-invests alongside law firms and clients in litigation outcomes, provides non-recourse capital to law firms operating on contingent or DBA fee structures, structures portfolio-level risk management, and advises on Damages-Based Agreements (DBAs) in the English legal system. The team's claimed track record spans $200M+ of sourced and structured transactions backed by tens of billions of underlying claim value across US, UK, Asia, and European jurisdictions.

Operationally, Legis runs with 1-10 employees, a London regional headquarters and a Washington, DC office at 1200 G Street NW, and serves three primary segments: (1) law firms needing capital to fund contingent-fee work, partner capital calls, or take on cases unconstrained by multi-firm conflicts; (2) corporations and individual litigants seeking to monetize or co-finance valuable claims; and (3) institutional investors seeking uncorrelated exposure to litigation assets. Revenue is generated through transaction-level fees on investments plus professional services fees for DBA structuring and advisory; pricing is not publicly disclosed and is described as bespoke per transaction. Underwriting, market-making, and origination are conducted through direct enterprise relationships, supplemented by a thought-leadership flywheel (Legis Finance Insights blog, podcasts, CLE webinars, and industry symposiums including the DBA symposium at Beaverbrook).

The underlying technology stack is not described as a technology product; the firm describes a portfolio management and case-underwriting capability supported by team expertise and market knowledge, rather than a proprietary platform, API, or AI/ML system. There are no disclosed patents, AI capabilities, integrations, or institutional funding rounds in the source material; the firm appears founder-financed and privately held, with no parent company and no public listing.

Name

Legis

Legal name

Legis Finance Ltd.

Website

https://legisfinance.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Legis Finance Ltd. is a London-headquartered, privately held litigation finance merchant bank that co-invests with law firms and corporations in legal claims, provides non-recourse capital to law firms on contingent-fee work, and structures damages-based agreements across the US, UK, and Europe.

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Litigation Investment Returns: Legis generates returns by co-investing in litigation assets alongside law firms and clients, providing capital in exchange for a share of litigation outcomes. The firm structures investments backed by underlying claim value, managing portfolio risk across multiple matters.
2. Law Firm Capital Solutions: Provides specialized financing solutions for law firms including non-recourse debt and equity-style transactions against litigation co-investment assets (contingent fees, DBAs). Generates fees from structuring and banking litigation assets for law firm clients.
3. Damages-Based Agreements (DBAs) Advisory: Advisory and structuring services for damages-based agreements in the English legal system, helping law firms capture more value from litigation co-investments with clients.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Legis is a specialized merchant bank that provides litigation finance and risk mitigation solutions for the legal industry. It co-invests in litigation cases alongside law firms and clients, supplies non-recourse financing and capital solutions to law firms (including support for contingent fee arrangements and damages-based agreements), and offers portfolio management and advisory services across US, UK, European and Asian jurisdictions.

Product overview

Legis (also known as Legis Finance) is a specialized litigation finance company serving as a finance partner for the law markets. Founded in 2019 and headquartered in London with operations in Europe and the United States, the company offers litigation finance services including co-investment in litigation cases, portfolio management, and capital support. The core offering is litigation finance for law firms, companies seeking to monetize litigation assets, and investors looking to access the litigation asset class. Legis positions itself as a merchant bank understanding the unique legal, asset valuation, and ethics landscape.

Differentiator

Problem solved

Functional benefit

Products and services

• Litigation Finance Services Bespoke litigation finance for law firms, companies, and investors, including co-investment in litigation cases, non-recourse financing, and risk mitigation across US, UK, European and Asian jurisdictions.
• Law Firm Capital Solutions Specialised financing for law firms, including non-recourse debt and equity-style transactions against litigation co-investment assets such as contingent fees and damages-based agreements, to fund partner capital calls and operating costs.
• Damages-Based Agreements (DBAs) Advisory Advisory and structuring services for damages-based agreements in the English legal system, helping law firms capture more value from litigation co-investments with clients.
• Litigation Portfolio Management Active management of a portfolio of litigation investments, balancing short-term turnover with medium-term risk and mitigating tail risk across multiple discrete matters.

Quantifiable outcome

• Over $200 million of transactions sourced, structured and invested
• +1 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor.

• Holland & KnightminorStrategic or Co-development PartnerPartnered with Holland & Knight partner Peter R. Jarvis to co-present a CLE webinar on Third-Party Financing of Class Actions, discussing ethical and practical considerations of litigation funding.
• Sir Rupert JacksonminorStrategic or Co-development PartnerKeynote speaker at Legis Symposium on DBAs; introduced DBA regime as part of seminal Jackson Reforms of Civil Litigation Costs.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Burford Capital: World's largest publicly listed commercial litigation funder, providing non-recourse capital to law firms, corporates and investors. Most directly comparable to Legis across product offering, customer base and global footprint, but at vastly greater scale.
• Therium Capital Management: UK-headquartered litigation funder with presence across Europe, the US and Asia. Closely comparable to Legis as a privately held, multi-jurisdictional funder serving law firms, corporates and investors with non-recourse capital.
• Longford Capital: US-focused commercial litigation funder providing non-recourse capital to law firms and businesses. Comparable in serving the law-firm and corporate-litigant segments with bespoke deal structures.
• Calunius Capital: London-headquartered litigation funder investing in commercial disputes worldwide. Comparable boutique-style, privately held funder serving similar client types with bespoke non-recourse structures.
• Parabellum Capital: Alternative capital provider serving the legal industry, including law firm financing and litigation funding. Comparable to Legis in bridging capital markets and the legal sector.
• Harbour Litigation Funding: UK-based litigation funder investing in commercial claims globally. Directly comparable in providing non-recourse capital to law firms and claimants across jurisdictions.
• Omni Bridgeway: Global litigation funder (formerly IMF Bentham and Bentham Capital) operating across Australia, Europe, the US and Asia. Directly comparable in single-case and portfolio litigation finance offerings and institutional investor access.
• Woodsford Litigation Funding: International litigation funder offering single-case and portfolio financing, including law firm financing. Comparable to Legis in targeting law firms, corporate claimants and institutional capital with bespoke structures.

Emerging players

• LexShares: US litigation finance marketplace offering fractionalized investments in commercial lawsuits. Comparable at the intersection of litigation finance and investor access, though more technology/platform-oriented than Legis's bespoke advisory model.
• Legalist: Data-driven litigation finance firm investing in commercial legal claims. Comparable as a litigation funder serving investors with exposure to legal claims, with a more quantitatively oriented approach.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/legisfinance

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Legis