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Announcements Commercial Legal Innovation

Legal Finance Firm Set to Reboot Industry with Multi-Million Pound Investment in AI-Tech.

A leading litigation finance firm is investing circa £2m into AI technology as the company looks to continue its meteoric global growth. 

Nera Capital, which has offices in Dublin, Manchester and a newly established presence in The Netherlands, plans to significantly enhance its process optimisation and strengthen data analytics. 

The investment is expected to significantly benefit the various law firms across Europe, UK and the US that are currently partnered with the company as it seeks to expedite the legal process and ultimately create greater access to justice. 

Director Aisling Byrne highlighted the impact of technology on the company’s future plans: “Our investment in AI shows our commitment towards efficiency and innovation. 

“We believe this increase in investment will enhance our entire operations, revolutionising further the way we approach various aspects of our business. By leveraging advanced AI technologies, we aim to further streamline processes, boost efficiency, and drive innovation across the board. The decision is a huge step forward, and I am proud of our continued commitment to staying at the forefront of advancement in legal technology.”

Since the company’s inception in 2011, Nera Capital has grown to become a major global player in the world of litigation finance, with operations across several European locations. The company is a specialised funding provider catering to law firms by extending support across diverse claim portfolios such as financial mis-selling, data breach, Cartel damages, personal injury and Antitrust. 

It previously announced the creation of 10 new jobs in key areas including legal, auditing, finance and origination, after opening a new office in Weert, Netherlands. Aisling added: “I take immense pride in witnessing the remarkable growth of Nera Capital as it expands worldwide.

“In the face of a rapidly evolving world, our industry has often been considered slow to adapt in relative terms. We are determined to break free from that inertia and lead the charge towards meaningful change. By embracing cutting-edge AI technology, we have entered a transformative chapter for our firm. The fusion of innovation and data-driven insights empowers us to navigate legal landscapes with even greater efficiency, ensuring our partnered law firms receive the swift and insightful solutions they deserve which can hopefully speed up the justice process for those that need it.” 

Nera Capital are expected to look at further expansion into new locations in the near future. 

About Nera Capital

  • Established in 2011, Nera Capital is a specialist funding provider to law firms.
  • Provides Law Firm Lend funding across diverse claim portfolios in both the Consumer and Commercial sector.
  • Headquartered in Dublin, the firm also has offices in Manchester and The Netherlands.
  • www.neracapital.com

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Community Spotlight: Reid Zeising, Founder and CEO, Gain

By John Freund |

Reid Zeising is the Founder and CEO of Gain, a company transforming the personal injury landscape. Gain integrates the industry’s leading AI-enhanced Letter of Protection (LOP) servicing platform with professionally managed services and financial solutions, serving healthcare providers, attorneys, and plaintiffs. 

Company Name and Description: Gain

Company Website: gainservicing.com

Year Founded: 2011

Headquarters:  3424 Peachtree Road, Atlanta, GA 30326, United States

Area of Focus:  Personal Injury ecosystem

Member Quote: Gain is committed to leveling the insurance playing field for those injured through no fault of their own, ensuring they have access to the quality healthcare and financial peace of mind they deserve.

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Fenchurch Legal Appoints Ranil Jayawardena as Non-Executive Director

By Harry Moran |

Fenchurch Legal, a specialist in litigation funding for small and medium-sized UK law firms, has strengthened its board with the appointment of The Rt Hon Ranil Jayawardena as a non-executive director.

This appointment reinforces Fenchurch Legal’s strategic priorities of bringing independent views to its board, which enhances its governance processes, risk oversight, and decision-making capabilities.

As a former Cabinet Minister and Member of Parliament for North East Hampshire, Ranil Jayawardena brings a distinguished track record. During his tenure in government, he held key positions, including International Trade Minister and Environment Secretary, where he worked on post-Brexit trade agreements, national infrastructure, and agricultural policy. Prior to his political career in Westminster, Ranil built his experience in the financial sector at Lloyds Banking Group – and served his community in local government, where he was responsible for £400 million AUM.

Louisa Klouda, CEO of Fenchurch Legal, said: “We are delighted to welcome Ranil to the board as we embark on our next phase of growth. Ranil’s knowledge and experience of regulation and financial services, alongside his experience as a Non-Executive Director on other boards, will be invaluable during this important time. Ranil’s external oversight will complement our existing board, enhancing our focus on strong governance and risk management.”

Commenting on his new role, Ranil Jayawardena added: “Having served in government for many years, I am excited to embark on this new chapter in business and support Fenchurch Legal’s growth ambitions. Litigation funding is an important enabler of access to justice, and I look forward to contributing to the company’s continued success.”

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Announcements Commercial Legal Innovation

Nera Capital Delivers Holiday Hope with £250k Justice Fund for Those in Need

By Harry Moran |

Prominent legal funder, Nera Capital, is spreading festive cheer this holiday season with the opening of its £250,000 Access to Justice Fund for those in need of support.

The firm plans to launch the generous fund in December, which will be open to individuals throughout the world who are in need of legal assistance or financial support. With no limitation on the amount an individual can apply for, each application will be assessed by a committee on its merits and urgency. 

Speaking about providing this important assistance, Nera Capital Director Aisling Byrne explained: “The fund will provide critical support for those who have been harmed, marginalised or ignored. “It aims to assist those in vulnerable situations, whether by funding the pursuit of legal claims or offering general support. For example, the fund could help families living in hazardous housing conditions who lack the financial means to relocate to safer, more suitable accommodation. This could include a council property in severe disrepair causing health issues.”

She continued: “The fund is dedicated to empowering individuals to overcome systemic neglect and improve their circumstances.” As an international litigation funder, Nera Capital, already assists individuals who have fallen victim to financial mis-selling, data breach, undisclosed commissions, personal injury and more.

Established in 2011 in Ireland from the aftermath of the 2008 global economic downturn, Nera Capital was born to support local individuals who could no longer secure loans from traditional banks. The company pioneered a unique approach by structuring loans attached to personal injury or probate claims, providing much-needed liquidity to law firms seeking justice for its clients.

This innovative strategy quickly gained traction and fuelled the company’s growth, which now operates in five jurisdictions and has offices in Ireland, UK and The Netherlands funding law firms around the globe. For Ms Byrne, opening up the Access to Justice Fund is a way for the successful company to give back while recognising the reason they started Nera Capital.

She explained: “The firm was established with a bold ambition to assist individuals and families and revolutionise the legal finance sector by blending modern technology with traditional values, all while supporting access to justice.

Additional information on the fund and how to apply can be found on the Nera Capital website: www.neracapital.com.

About Nera Capital 

·       Established in 2011, Nera Capital is a specialist funding provider to law firms.  

·       Provides Law Firm Lend funding across diverse claim portfolios in both the Consumer and Commercial sector. 

·       Headquartered in Dublin, the firm also has offices in Manchester and Holland. 

·       Member of European Litigation Funders Association

.     www.neracapital.com

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