The use of third party funding in international arbitration has been growing over the last few years in many jurisdictions. The practice note considers the benefits and risks of third party funding for claimants in arbitration and provides detailed guidance on how to manage those risks. The note describes the process of obtaining funding and gives practical tips for parties entering into a funding agreement. The checklist sets out the key issues for claimants and their lawyers to consider when seeking third party funding and negotiating a funding agreement for international arbitration claims.