Burford Capital, the largest litigation finance firm, is setting up a new $50 million pool of capital earmarked for women-led litigation matters.
Outside financing for litigation has grown by leaps and bounds, but few women litigators—who make less than 10 percent of all requests—were seeking money to finance commercial litigation.
Burford is setting up the fund, to be called the Equity Project, to give more women lawyers a chance to run their own legal show.
“There is a significant gender gap in the law, and diversity and mentoring are not enough. To change outcomes more quickly, the economics need to ...