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For law firms, legal finance can help offset a downturn

April 14, 2023
Aviva Will


When corporate and transactional work ebbs for law firms, financed litigation can be a welcome recession hedge and a better alternative to firm layoffs.

Law firm leaders are watching economic trends with some trepidation these days—particularly those whose businesses are heavily reliant on transactional work, which has slowed precipitously in the last year. According to a recent Thomson Reuters study, in the fou…

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