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ABA Journal covers Burford’s 2018 Litigation Finance Survey

In a report for the ABA Journal on Burford’s 2018 Litigation Finance Survey, Debra Cassens Weiss writes that “Litigation finance is gaining in popularity as more clients and law firms [learn] how to use it.” She mentions that “Seventy percent of lawyers responding to the online portion of the survey said they believe their organizations have used litigation finance… a 637 percent increase from just under 10 percent in 2012”. She also points out that “The survey cautions that lawyers could be over reporting their firm’s or company’s use of litigation financing if they perceive it as something innovative that should be used. In a separate telephone survey of 38 lawyers, about one-third said their organizations have used litigation finance, a 237 percent increase since 2012.”

Read the full article here.