Litigation Finance Transparency Push Instead Lets Opacity Shine

Nov. 21, 2019, 9:50 AM UTC

Welcome back to the Big Law Business column on the changing legal marketplace written by me, Roy Strom. This week, litigation funders debate whether a new report on their industry is transparent enough.

Litigation finance has been a buzzy topic in the legal industry for at least five years. During all that time, there has never been a real answer to a somewhat straightforward question: Just how much money are Big Law firms taking from litigation funders?

There’s still not a verified number, but this week the industry got its best educated guess.

A survey of more than 40 ...

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