By Nick Storrs, Taylor Wessing

The cost associated with litigation is an issue which concerns most commercial parties.

It is almost a universal truth that legal disputes are expensive and carry risks which can be unbearable. This creates a barrier to unlocking value, to accessing justice and to recovering losses for which another party might be responsible.

This view is one for which legal practitioners have a lot of sympathy. Even well-funded parties understand that the costs are high and the risks significant. There are, however, new ways of managing those costs with an ever growing selection of fin...