By bringing a financial mindset to legal, CFOs can help drive value for the business. To help finance and legal teams bring a value-generating mindset to the legal department and help CFOs benchmark their organizations’ success in this area, Burford Capital commissioned research with senior financial officers in the US, the UK and Australia: The 2021 Legal Asset Report.
Burford's Greg McPolin is a Managing Director with responsibility for Burford’s North American origination and business development efforts. In this video, he explains what Burford's latest research—the 2021 Legal Asset Report—tells us about how CFOs view legal:
- 59% of financial officers believe legal claims are assets because they represent future cash flow
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The majority of financial officers report that finance exerts control over key areas of the legal department
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75% of large-company financial officers reported unenforced judgments worth $20-$100 million in 2020
This video was recorded on XX.
This communication shall not constitute an offer to sell or the solicitation of an offer to buy any ordinary shares or other securities of Burford. This video may not be copied, distributed, published or reproduced, in whole or in part.
