(L-R) David Perla, co-COO of Burford Capital, and Ralph Sutton, CEO of Validity Finance. (Courtesy photos) With Law Firms Under Profit Pressure, Litigation Funders Have Bullish Outlook for 2023
Leaders at Burford Capital and Validity Finance say that in a down market, firms are increasingly open to arrangements that allow them to offload risk.
February 03, 2023 at 11:50 AM
5 minute read
Conditions are ripe for litigation financing to become more ensconced in law firms' business models this year as capital constraints, lower revenue levels from the 2022 fiscal year and an anticipated rise in disputes are expected to prompt litigation departments to seek risk-sharing partners.
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