Since 2012, Burford Capital’s research has shown the increased use of litigation finance and highlighted the significant opportunities for law firms and clients. The latest survey continues this trend.
Burford’s Quentin Pak spoke at the 2017 China Legal Capital Summit on the increased use of external finance to fund litigation around the world and market developments in China.
As 2017 draws to a close, we reflect on the litigation finance industry by sharing a few intriguing data points from Burford’s own significant database of inquiries.
The English High Court has rejected an application for the disclosure of a litigation funding agreement, holding that the funding agreement was subject to legal advice privilege.
At first glance, litigation finance seems “expensive”—until one takes the time to compare the costs and benefits of self-financing versus utilizing outside capital.
If you want to glimpse the future of the law business, consider Microsoft’s announcement this summer that it will start hiring outside legal services almost exclusively under alternative fee arrangements.
A new report suggests diversity programs fail to address the significant gender gap at law firms at the leadership and partner ranks. Instead, changing the underlying economics of law may be a more pragmatic solution to this persistent problem.
Unless you are the rare sort of lawyer who likes bill collecting—or the even rarer sort of general counsel who loves paying bills—legal finance can help make your year-end easier, less stressful and more profitable.
As corporate litigation budgets continue to shrink, more clients cite the need for creative financing arrangements from their law firms. So, how can firms meet the clear client demand for financial innovation?
Lawyers from leading law firms discuss the growth of litigation finance (and some of the most common perceived obstacles), and explain how their firms and clients are using it.
A long-awaited report on third-party funding in international arbitration has just been released in draft, and it reads like a relic of another era.