Litigation Fund Fight Shows Trap Lurking in Win-Win Deals

Welcome back to the Big Law Business column on the changing legal marketplace written by me, Roy Strom. Today, we dive into a dispute between a litigation funder and a law firm it says owes it nearly $2 million. Sign up to receive this column in your inbox on Thursday mornings.

Litigation finance has grown into a multibillion-dollar industry in the US, typically offering law firms a win-win proposition: Take the money upfront and only repay it if your case ends up a winner.

But a dispute before a federal judge in Delaware shows that the proposition can be ...