In an article for Treasury & Risk, Elizabeth O’Connell explains what treasury and finance teams need to know about legal finance and makes the case for why they must become champions of its use. O’Connell points out: “The management of a company’s legal assets remains the responsibility of the in-house legal department. Nevertheless, CFOs, treasurers, and treasury teams have an obligation to shareholders and the board, within their fiduciary duties to their company, to explore opportunities to recover on meritorious legal claims.”