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Lawyers Weekly reports on growth of legal finance in Australia

Lawyers Weekly begins its coverage of Burford’s 2018 Litigation Finance Survey by pointing out that “53% of Australian respondents [consider] the management of legal risk a ‘critical business challenge’”.  The coverage also notes that 83% of Australian respondents report that litigation finance is “a growing and increasingly important area in the business of law”. One law firm partner quoted in the coverage asserts that they “cannot imagine any commercial project, where the cost is $10 million with no payback for five or more years, in which a company would not consider litigation finance.”

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