Litigation funding may provide an effective alternative to selling receivables for law firms looking to quickly improve cash flow, enhance profitability, and preserve future revenue.
Law firm portfolio funding is a form of litigation finance involving a third-party investment in several cases on which the same law firm has been engaged on a contingency basis.
The latest issue of Norton Rose Fulbright’s International Arbitration Report focuses on recent changes to the rules surrounding third-party funding in international arbitration.
Litigation funding provides in-house counsel with the ability to pursue claims while overcoming the objections they typically hear from their financial team.
Los Angeles Investment Manager David Gallagher recently participated on a panel discussion about litigation funding hosted by LACBA's Antitrust & Unfair Business Practices Section.
For a cash-strapped estate, financing a litigation asset to obtain an infusion from a funder can mean the difference between continuing with a winning strategy or potential capitulation.
Bentham IMF recently celebrated its 5-year anniversary in the United States on September 21, 2016 with a seminar co-hosted by Bloomberg BNA titled "Litigation Finance: Driving Law Firm Profitability."
For plaintiffs, the growing costs of e-discovery can cramp their attempt to gather evidence and ultimately endanger their ability to pursue worthwhile litigation.