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Lawyers Weekly cites Burford’s latest research on Aussie GCs and litigation finance

October 20, 2019

In coverage of Burford’s 2018 Litigation Finance Survey, Lawyers Weekly highlights the implications for Australian in-house lawyers. Of note, only 5% of interviewees indicated that their organization had used legal finance, which revealed an expected increase in use by corporations. Interviewees offered quotes that hinted at a lack of understand of the tool: “As a Fortune 500 company, we are able to pay for our own litigation,” and “As a large corporation, we are typically not engaged in plaintiffs’ work.” The coverage notes as it concludes that “many in-house lawyers are able to see the ‘value-add’ potential litigation financing can provide.”

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