Litigation Funders See Fewer Safe Lawsuit Bets in Pandemic

Welcome back to the Big Law Business column on the changing legal marketplace written by me, Roy Strom. This week, we look at how litigation funders have changed their tune as the pandemic continues. Sign up to receive this column in your inbox on Thursday mornings.

Early on in the pandemic, some of the largest litigation finance companies sought to assure investors that returns would hold up in the face of the health care crisis and economic downturn.

As courtrooms closed and businesses shuttered, some funders said the number of opportunities to invest in lawsuits was setting records. ...