Litigation finance is a hot topic. And this growing, complex industry is not going away anytime soon. But a recent Bloomberg Law Litigation Finance Survey revealed a disconnect between what litigation funders and their clients and potential clients believe about the industry.
Bloomberg Law surveyed commercial litigation funders, industry consultants and brokers, and attorneys who have used or are interested in using litigation finance. The survey results revealed that there are differences in how funders and the lawyers surveyed (that is, clients and potential clients) view the litigation finance industry. The issues that revealed a disparity in knowledge, beliefs, or ...