2023 has been an eventful year for litigation finance as the industry continues to mature. Buoyed by consistent demand for financing in key practice areas, and undeterred by calls for greater transparency, litigation finance is set to continue its upward trajectory in 2024.
Optimism about the industry’s direction will also help bolster it in the coming year. Results from Bloomberg Law’s 2023 Litigation Finance and State of Practice surveys indicate that both litigation funders and the lawyers who utilize their investments overwhelmingly agree that the industry is steadily growing.
Certain practice areas will continue to attract the lion’s share of ...
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