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Bloomberg highlights Burford’s latest executive hire

Bloomberg Law highlights Burford’s hire of former Latham & Watkins partner, Andy Lundberg, as Managing Director. After leading Latham’s insurance practice group out of Los Angeles for more than 15 years, Bloomberg notes that Lundberg will join fellow Latham veterans Steven Wilson, vice chairman of Burford, and Peter Benzian and Ernie Getto, all of whom were senior partners at the firm before joining the world’s largest legal financier.

When asked about his motivations for leaving retirement, Lundberg expressed that “it’s another way for very experienced lawyers who don’t want to just throw their knowledge base in the dumpster on their way out the door”. He also noted that he can bring value to Burford’s clients because, “There’s an awful lot of insurance money that’s floating just behind the curtain in these cases. Knowing which cases are financed by the defense side or which cases are going to be settled with insurance money gives me value in assessing these investments.”

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