Lawsuit Funders Look to Take Advantage of Currency Value Plunge

Welcome back to the Big Law Business column on the changing legal marketplace written by me, Roy Strom. Today, we look at how litigation funders are looking to arbitrage a strong dollar, while US law firms might struggle to take advantage of currency fluctuations. Sign up to receive this column in your Inbox on Thursday mornings.

Anybody who’s vacationed in Europe this summer knows there are bargains to be had.

The pound sterling has fallen to just over $1, and the euro is trading just below that threshold. Both are record lows against the greenback, with declines of about ...