Law360 begins its coverage of Burford’s interim results with a firm statement: “Litigation funding behemoth Burford Capital ramped up investments… in another period of record growth”. The publication points to increases in single-case funding, portfolio arrangements and asset recovery as vehicles driving the impressive growth. The article notes that, although single-case funding grew slightly faster than portfolio financing, portfolio arrangements remain the core of Burford’s business: The single-case arrangement often acts as an introduction to legal finance, which then leads to further, more complex financing arrangements. Burford CEO Christopher Bogart adds: “The single case entry point is how we get clients in the door in the first place, and lawyers are coming to us because their businesses are being disrupted by their clients, and we’re providing the solution for that disruption.”
