Aiming to boost its presence in the city, a major litigation financing firm has successfully transitioned to its new offices in Manchester’s iconic business district while creating 30 new positions.
IQuote Limited’s new HQ at Cardinal House marks a significant upgrade from its previous location on Dale Street.
The move, which is part of a wider company rebrand, follows the recent transformation of the eight-storey building into a bustling business hub.
The 55,739-square-foot tower block, not only provides ample room for expansion but also includes a cutting-edge boardroom and state-of-the-art equipment.
IQuote’s newly created roles sit within AI, management, finance, marketing, risk, compliance and legal.
The additional resources are poised to support the company’s burgeoning operations, particularly in the realm of artificial intelligence (AI) and cyber security which supports a more rigorous automated client vetting process enabling partner law firms a clearer path to success.
Founded in 2016, IQuote Limited specialises in legal asset and opex capital loans, with a primary focus on legal asset investing.
The company’s growth is aimed to further support law firms in their pursuit of justice on behalf of clients including with many complex litigation and group action cases.
Craig Cornick, founder and CEO, expressed enthusiasm about the relocation and growth.
He said: “Our new headquarters at Cardinal House along with a company expansion, is a testament to the success we’ve achieved over the years.
“This transition goes beyond mere physical relocation; it symbolises our unwavering dedication to delivering unparalleled services in the sector.
“We have grown our team of highly skilled individuals to ensure that we stand out as one of the industry’s best and forward-thinking legal tech firms.”
The company has recently launched a specialised seed investment framework designed for ground-breaking technologies that excel in the legal sector.
The firm is constantly pushing for inventive solutions and is prepared to offer initial seed investments to start-ups in the legal, technology and customer service sectors.
The incorporation of tech-driven and AI processes, mirrored by the company’s new branding, has allowed IQuote to streamline the client journey, thus aligning its commitment to driving innovation within the legal sector.
Speaking about the rebrand, Craig added: “Our new logo and website are more than a visual overhaul. They represent our dedication to embracing AI and technology in the legal funding landscape.
“IQuote is not just a company; it’s a testament to the transformative power of technology in reshaping the legal industry and enhancing performance for capital providers.”
Highlighting the resilience of IQuote in a dynamic market, he said: “Despite challenges faced by other companies, IQuote has remained steadfast and emerged as a standout player. Our success funding a range of winning claim types is the result of unwavering commitment to legal innovation and strategic investments.
“Our vision goes beyond financial transactions. We’ve learned the lessons of others who’ve seen challenges in this market to become architects of change, weaving technology, expertise, and innovation into the fabric of legal financing.
“We aspire to set new standards, forge new paths, and become synonymous with innovation in legal finance. The best is yet to come.”
