'Big Law Loves Litigation Financing': Legalist's GC Breaks It Down
Third-party funding is a recipe for Big Law attorneys to increase their book of business and make clients happy, says Legalist GC Curtis Smolar, a former Fox Rothschild partner.
January 17, 2020 at 03:49 PM
2 minute read
The original version of this story was published on Law.com
In 2017, litigator Curtis Smolar left a long career as a trial lawyer to become general counsel of Legalist, a litigation finance startup in San Francisco that uses algorithms to vet potential investments.
In the litigation funding world, Legalist is a disrupter. Founded by a pair of Harvard dropouts, the company emerged from the startup incubator Y Combinator, and its model employs legal analytics to identify potential investments. It also places smaller bets than the major players in litigation funding, capping investments at roughly $1 million and looking to back small businesses that might otherwise struggle to afford litigation.
In this podcast, Legal Speak host Vanessa Blum talks with Smolar about his transition from trying cases to vetting them, what he's learned about litigation funding, and how he's adjusted to startup life. Smolar explains the role of technology in Legalist's due diligence and where human expertise comes in.
Listen to the podcast above or subscribe on Apple Podcasts, Google Play, Spotify or Libsyn.
Legal Speak is brought to you by Econ One, offering economic expertise, consulting and dispute resolution.
Look for Legal Speak at Legalweek New York 2020. See you there!
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllTrump's SEC Overhaul: What It Means for Big Law Capital Markets, Crypto Work
Former Perkins Coie Partner Moves to Stradley Ronon in Chicago
Status Driven With Unpredictable Fees: What Private Equity Clients Really Think About Their Lawyers
7 minute readRising Varied Investment Products, Regulatory Activity Drive Demand in Investment Funds
Trending Stories
- 1Increased Costs Proved a Drag on Profits for PA's AmLaw 200 in 2024
- 2Judicial Ethics Opinion 24-81
- 3Mental Health Issues Don’t Get a Holiday
- 4'It's Got to Be a Wake-Up Call:' Atlanta Attorney Hopes $16M Verdict Spurs Training Changes at Hotels
- 5FTC Bans 'Junk Fees' in Live-Event Tickets and Short-Term Lodging
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250