Bloomberg Law
Nov. 12, 2021, 10:00 AM

ANALYSIS: Lawyers Who Know Are Warming Up to Litigation Finance

Annie Pavia
Annie Pavia
Legal Analyst

Lawyers who have used or are interested in using litigation finance are forming more positive opinions of its ethics and societal impacts, according to results from Bloomberg Law’s 2021 Litigation Finance Survey. When compared with results from the same questions in the 2020 survey, the responses show that attitudes toward the litigation finance industry are generally more favorable than they were just last year.

When asked if they agreed or disagreed that litigation finance enables more frivolous lawsuits, 57% of lawyers in last year’s survey disagreed, while this year, 78% disagreed.

Similarly, last year, 70% of lawyers agreed that ...

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