Litigation financing is the new black, according to a recent Burford Capital survey. Of the nearly 500 people interviewed, a majority of them considered it a “useful tool,” with 69 percent of general counsel, 72 percent of outside lawyers and 78 percent of CFOs saying so.
“Given its relatively brief history in the U.S., it’s striking how quickly the awareness level of litigation finance has grown among in-house counsel and CFOs as well as outside counsel,” said Burford’s CEO Christopher Bogart in a statement about the survey.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
