Now that legal finance is part of the financial toolset of an increasing number of in-house and law firm lawyers in all of the leading jurisdictions for commercial disputes worldwide, the days of legal finance being new or novel are clearly behind us.
Nonetheless, legal finance is still only partially understood by most. It is still the case that few lawyers—and even fewer finance and other corporate leaders—are fully aware of the ways that legal finance firms can help them beyond simply providing capital, specifically by providing expertise to help them maximize the value of the legal assets in their portfolios.
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