ANALYSIS: Lit Finance Complexities, Opportunities on the Rise

In the recent years, litigation finance has been on a trajectory toward becoming a more widespread practice in the legal marketplace. In keeping with predictions, litigation finance—in which a third party finances a lawsuit in exchange for a portion of proceeds in the event of a winning case—appears to be gaining acceptance among big legal market players, including top law firms.

What’s more, results just in from Bloomberg Law’s 2021 Litigation Finance Survey show that the litigation finance industry has emerged from the pandemic and economic downturn seemingly unscathed—and possibly even strengthened: The majority of litigation funders (56%) reported ...