Having proven that it can grow through an economic downturn, the road ahead looks smooth for litigation finance: The practice will continue to grow among law firms and corporations as the legal profession continues to grow accustomed to this financial tool.
But as their industry grows, litigation funders will have to get comfortable with at times disclosing their deals—which are normally kept confidential—because circumstances requiring mandatory disclosure also appear poised to expand.
Small but Growing
Litigation finance faced some initial skepticism in its early days, but the industry, which is particularly nascent in the US, seems to be getting ...
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