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Litigation Funders now ranked by Chambers

Bloomberg Law covered the announcement that Chambers and Partners has started ranking litigation funders, ranking six firms in its first-ever litigation funding guide.

According to the report, "The UK-based organization, which ranks corporate lawyers and litigators around the world, ranked six firms in its first-ever litigation funding guide. The firms are organized into three tiers — Band 1, Band 2 and Band 3." Burford Capital was placed in Band 1.

The article also notes, "Chambers and Partners did not include any specific methodology with its ranking of litigation funding firms. According to a general summary of methodology on the organization’s website, it judges firms based on interviews with clients and other lawyers and by “assessing recent work done.""

Read the article.