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The American Lawyer predicts more companies will use legal finance

Writing for The American Lawyer, Dan Packel predicts that in-house legal teams will make greater use of outside capital in years to come. He notes that “the availability [of]… outside capital will prompt CFOs and general counsel to recognize they have legal claims that can be turned into no-risk sources of revenue”. Packel quotes Burford’s David Perla, who highlights the corollary to Packel’s point: “We [Burford] think we are an accelerator for traditional law firms”.

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