Legal Awards 2020

26 Acquisition International - Legal Awards 2020 Aug20271 very law firm is unique. They stand apart and make their business by being able to react to different situations in different ways. The best firms succeed by being able to offer the most ways out of a crisis, thus giving them the opportunity to apply the path most likely to lead to success. Doorway Capital works in much the same way. Their funding comes directly from the team’s own capital. This allows them enormous freedom to serve clients with the best possible solution. The team have considerable expertise in litigation, restructurings and investment banking, allowing them to work closely with the litigation department of a law firm in designing a financing solution that is bespoke to that firm and its clients. Offering a tailor-made solution as opposed to a financial product is what sets the firm apart. It is also the secret of Doorway Capital’s success, allowing them to offer ways forward that many would not consider. In many ways, this approach allows the Doorway Capital team to operate in the same way as an investment bank as opposed to the more traditional retail bank. A great deal of the work that Doorway Capital undertakes is incredibly specialised, so the team is chosen very carefully indeed. Recruitment agencies are employed to ensure that the standard remains high, with successful candidates often attending Oxbridge or an Ivy League university. The nature of Doorway Capital’s work means that work experience is paramount. Often, this has to be undertaken at a leading firm of management consultants, investment bank or major law firm to ensure consideration. The COVID-19 pandemic has affected every aspect of our lives, and the legal profession is no exception. The firms that Doorway Capital have taken an interest in have focused not only on seeing the newly emerging opportunities but taking advantage of them. With the impact of coronavirus set to be a major part of our lives, at least in the short- medium term, the team are looking for those businesses who can move quickly to match new sources of demand such as restructuring and insolvency law. Working from home has become the norm for many businesses too, and law firms can function incredibly well in such environments. It does take business away from high street firms, however. It’s too early to say whether or not the impact on these firms will be long-lasting, but what is for certain is that the firm believes this is the ideal time for larger centralised firms to capture greater market share from their competitors. For Doorway Capital, the crisis means that the team has had to stretch and adapt to the changing needs of law firms. Once the furlough scheme ends, deferred VAT becomes payable and CIBLS bank loans E Investing in law firms is not always a sure thing. The firms with the most potential carry the most risk, which can be off-putting to regular investors. The team at Doorway Capital thrive on the potential of the most innovative law firms, tailoring their funding to meet a client’s specific needs. We take a closer look at this incredible independent provider of risk capital to see how they’ve achieved such high levels of success. Litigation Funders of the Year - UK Every law firm is unique. They stand apart and make their business by being able to react to different situations in different ways. The best firms succeed by being able to offer the most ways out of a crisis, thus giving them the opportunity to apply the path most likely to lead to success. Company: Doorway Capital Contact: Steve Din Website: www.doorwaycapital.com Email: [email protected] need to be repaid, the heavy financial pressures of the crisis will be felt once again. For now, firms must prepare for rapid consolidation. As a result, Doorway Capital is being asked to underwrite funding lines that law firms can draw upon to acquire other firms and their work as and when the right opportunity emerges. Adaptability has always been at the heart of Doorway Capital, but 2020 has seen them have to adapt more than they had ever considered before. The team have proven time and again that they can meet the needs of a changing marketplace, even in times as difficult as these. It’s why they’re sure to thrive no matter what the circumstances.