ANALYSIS: Litigation Finance to Seek Broader Adoption in 2025

Litigation funding next year will continue its push to become more mainstream as a source of capital for litigants and as an alternative to traditional contingency fee arrangements. The industry’s broader adoption, including among the largest US law firms, will be complemented by growth in areas like insurance industry participation and emerging secondary markets for funders.

The laws governing the industry are likely to remain fragmented, however, as states continue to adopt their own rules in the absence of nationwide standards.

Litigation Funders Are Still Attracting New Clients

New client demand for funding remained steady in 2024. Bloomberg Law ...