Therium and Solomonic partner to advance litigation intelligence for funders

London 20th August 2020: Top ranked litigation funder Therium Capital Management and leading UK litigation data and analytics company, Solomonic, have teamed up to advance the application of litigation analytics to litigation funding. Therium will draw on Solomonic’s litigation data and intelligence to add to their innovative and creative approach to litigation funding. In turn, Therium will work closely with the Solomonic team to provide user insight and input into future product development.

Therium has consistently been at the forefront of innovation in litigation finance, pioneering the combined use of insurance tools alongside funding vehicles and introducing portfolio funding products into the UK. The firm’s ability to develop innovative funding arrangements and bespoke financial solutions for litigants and law firms complements its unmatched experience and rigorous approach to funding a wide range of commercial disputes throughout the world.

Therium Co-Founder and Chief Investment Officer, Neil Purslow, said “We are always looking at ways to innovate our approach to investments and thanks to Solomonic, strong historic case data is now available to underpin our investment decisions when assessing claims that require funding. We look forward to exploring how big data and AI can add value to how we undertake due diligence and value our claims, in partnership with the leading UK player in this exciting new field.”

Solomonic Managing Director, Edward Bird, noted, “We are delighted to be collaborating with a market leader and such an innovative organisation when it comes to litigation funding. Our team are looking forward to working with Therium to create significant added value for their business.”