Civil Litigation
Apr. 9, 2020
Litigation funders say they can underwrite law firms, as they did in 2008 recession
Litigation financiers, which have reported high investments and liquidity in recent years, were born a dozen years ago the from the combination of struggling law firms needing money and investors looking for alternative cash cows. Now litigation finance is well established, although controversial, with about a third of firms having reported utilizing it, according to one study.
Litigation funding companies say they will remain strong underwriters for firms looking for a financial jolt in uncertain economic times, much like they did during the 2008 recession.
Litigation financiers, which have reported high investments and liquidity in recent years, were born a dozen years ago the from the combination of struggling law firms needing money and investors looking for alternative cash cows. Now litigation finance...
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