In an American Lawyer feature on legal finance, Roy Strom and Ben Hancock highlight Burford’s acquisition of Gerchen Keller Capital in 2016 as a growth milestone in the legal finance industry: “The December 2016 acquisition… has proved to be a spark plug for the nascent business.” Strom and Hancock cite Burford’s leadership in portfolio finance and the cost benefits that come along with it: “In an effort to reduce cost, Burford… [has] sought to finance a number of cases at a time for a given law firm or legal department.”
