Response to market trend
Lawyers launch commercial claims business
Bruce Farquhar and Alistair Dean: new venture
Two lawyers have launched a company in the commercial claims market in response to industry research indicating that tens of millions of pounds in claims fail to be recovered every year.
Alba Claims has been co-founded by Anderson Strathern chairman Bruce Farquhar and solicitor advocate Alistair Dean.
Mr Dean said: “It’s often the case that claims are not pursued either because businesses are not in a financial position to fund the claim or consider that their finances can get a better return elsewhere.”
Mr Farquhar said: “The funding of litigation in Scotland is changing rapidly.”
