Litigation finance has entered the mainstream over the last two decades as a tool to fund single cases. Now, the litigation funding industry is quickly evolving to provide broad financial backing to law firms, corporate legal departments, alternative legal service providers, and entrepreneurial lawyers.
Binary Outcomes
Funding pays the costs associated with pursuing a claim in litigation or arbitration, usually provided in the form of non-recourse financing. In exchange, the funder receives a pre-agreed share of recoveries made, usually a multiple of the amount invested or a percentage of the recoveries.
Crucially, the funder will only receive their investment back, ...
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