The Equity Project

Burford has launched an initiative to help close the gender gap in law.

An over $800 billion annual industry globally, law presents significant gender-based inequities. According to the ABA, just 19% of equity partners at US law firms are women, and women are significantly underrepresented in leadership positions in law firms and in first chair roles in litigation and on international arbitral tribunals.

Gender diversity is not simply about fairness—it’s about business outcomes. According to McKinsey, companies in the top quartile for gender diversity on executive teams are 21% more likely to outperform on profitability and 27% more likely to have superior value creation.

A pragmatic business solution

The Equity Project is a groundbreaking initiative designed to help close the gender gap in law by providing an economic incentive for change through a $50 million pool of capital earmarked for financing commercial litigation and international arbitration matters led by women.

We want to use our assets—our decade of experience, sizable capital and skilled team—to help balance the scale and promote women in law.

With capital from The Equity Project:

  • Women litigators, women arbitrators and women-owned firms can pitch clients knowing that they can offer attractive alternative fee arrangements
  • Law firms committed to gender diversity can share risk with Burford and encourage women litigators and arbitrators to pitch client-friendly alternative billing arrangements to their management committees for new business
  • Women can pursue leadership positions in significant matters and ease pathways towards origination and client relationship credit with a competitive edge for them and their firms

 

Thank you to our Equity Project Champions*

Alexandra Rose
Partner
Clayton Utz
Amy Frey
Partner
King & Spalding
Brenda Horrigan
Head of International Arbitration
Herbert Smith Freehills
Caren Ulrich Stacy
Founder & CEO
Diversity Lab & OnRamp Fellowship
Carolyn Lamm
Partner
White & Case
Domitille Baizeau
Partner
Lalive
Dr. Nadine Herrmann
Managing Partner and Chair, EU and German Competition Law Practice
Quinn Emanuel
Faith Gay
Founding Partner
Selendy & Gay
Jonathan Goldin
General Counsel
Goldin Associates
Maria Ginzburg
Partner
Selendy & Gay
Megan E. Jones
Partner
Hausfeld
Mylan Denerstein
Co-Chair, Public Policy Practice Group
Gibson Dunn & Crutcher LLP
Nicole D. Galli
Managing Partner
Law Offices of N.D. Galli
Noradèle Radjai
Partner
Lalive
Roberta D. Liebenberg
Senior Partner
Fine, Kaplan & Black
Sophie J. Lamb QC
Global Co-Chair, International Arbitration Practice
Latham & Watkins
Sophie Nappert
International arbitrator,
Moderator, OGEMID
Sue Prevezer QC
Chair, International Trial Practice
Quinn Emanuel
Tara Lee
Chair, Transnational Litigation Practice
Quinn Emanuel
The Honorable Katherine B. Forrest
Partner
Cravath, Swaine & Moore
Wendy J. Miles QC
Partner
Debevoise & Plimpton

 

*List in formation. Current as of 10 June 2019.

How it works

The Equity Project provides an incentive for change by providing a pool of capital reserved for matters led by women, including matters in which a woman litigator is first chair; a woman serves as plaintiffs’ lead counsel or chairs the plaintiffs’ steering committee; a women-owned law firm is representing the client; a woman litigator earns origination credit; or a woman partner is the client relationship manager. Cases financed by The Equity Project must also meet Burford’s standard investment criteria.

Team

Burford has the deepest bench in legal finance, with women in key decision-making positions—nearly half of Burford executives are women.

Aviva Will

Senior Managing Director

Katharine Wolanyk

Managing Director

Elizabeth Fisher

Senior Vice President

Disclaimer

This section of Burford’s website is intended for the use of Burford’s public investors and is required to be provided under AIM Rule 26. Burford also maintains a separate private funds business. Information presented here is not intended for the use of private fund investors, nor is it presented in the appropriate form for such investors. Moreover, Burford does not present this information as a solicitation of private fund investment, which occurs only through appropriate offering documents.