Navigating unfamiliar territory: Legal finance as a guide to plaintiff-side commercial litigation

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If you’re an experienced hiker and you’ve done some occasional snowshoeing, how would you prepare for your first for-real mountain climb?

Hopefully, rather than simply buying an ice axe, strapping on crampons and venturing out onto the glaciers alone, you’d hire the most knowledgeable and experienced guide you could find and afford to help you through the training,
equipment selection and logistics and lead you up the hill.

Companies and law firms that typically operate on the defense-side of large commercial litigation can approach their initial forays into plaintiff-side cases the same way: By partnering with an experienced legal finance provider that evaluates, supports and funds major business litigation every day, they can improve their chances of a successful litigation outing as a first-time plaintiff.

Companies can confidently venture into plaintiff-side commercial litigation with a legal finance partner. Legal finance providers are effective and efficient guides in preparing for and executing litigation aimed at realizing value from commercial legal assets.


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About the author

Andy Lundberg is a Managing Director and member of Burford’s Commitment Committee. He practiced for 35 years at Latham & Watkins. As the Global Chair of the firm’s Insurance Coverage Litigation practice and Chair of its Los Angeles Litigation Department, he counseled numerous Fortune 500 companies on insurance matters, and litigated dozens of plaintiff-side coverage lawsuits. He is one of Lawdragon's Global 100 Leaders in Litigation Finance. He has summited his home state’s Mount Rainier four times.

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Andy Lundberg

Andy Lundberg

Managing Director