Bloomberg Law
June 24, 2021, 9:30 AM

We’re About to Learn a Lot More About Litigation Finance

Roy Strom
Roy Strom

Welcome back to the Big Law Business column on the changing legal marketplace written by me, Roy Strom. Today, we look at how the light is about to shine on litigation funding in a never-before-seen way. Sign up to receive this column in your Inbox on Thursday mornings.

In 2014, I was writing for Chicago’s local legal paper when I first heard about something called litigation finance. Professionally, it was an embarrassing moment, learning as I did through a New York Times article about a Chicago-based operation that had raised $260 million to invest in lawsuits.

To my eye, ...

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