Quilam backed an ambitious entrepreneurial management team in 2017 to launch a new entrant into the UK litigation finance market. Level is now the UK’s leading family law litigation funder, with unrivalled law firm coverage and a high-yielding, low-risk lending portfolio.
The investment provided working capital and, importantly, funded the initial growth of the loan book. The management team are highly capable, with unparalleled contacts and experience in the family law sector.
Level’s funding unlocks liquidity for its clients, which allows them to access appropriate legal representation. Level secures its borrowings on the future settlements of the case, the product provides timely invoice payments to law firms, allowing them to undertake a higher number of cases, as well as larger cases. As a result, over 350 law firms have referred business since establishment in 2017.
Level is differentiated in the market as the only Tier 1 Ranked lender by Chambers & Partners’ guide (2020 and 2021). This ranking is recognition of its speed, flexibility, legal expertise and innovation.