Big Law Balks at Litigation Finance Deals Seen as Too Pricey

Welcome back to the Big Law Business column on the changing legal marketplace written by me, Roy Strom. Today, we look at the growth of litigation funding and what may be keeping Big Law firms from taking the money. Sign up to receive this column in your Inbox on Thursday mornings. Programming Note: This may be the last Big Law Business for about a month as your columnist prepares for fatherhood.

When courts reopened after the early stages of the pandemic, so did investors’ wallets.

US litigation funders committed more than $3.2 billion to lawsuits through mid-2022, a nearly ...