Willkie Farr & Gallagher offices in Washington, D.C. Photo: Diego M. Radzinschi/ALM What Does the Partnership Announced by Willkie Farr and Longford Capital Mean for Big Law and Litigation Funding?
The litigation funder and Am Law 50 firm announced a $50 million funding agreement "to provide equity capital to fund attorneys' fees and litigation costs, and to monetize the value of meritorious legal claims for Willkie's clients" in business-to-business disputes.
June 24, 2021 at 07:30 AM
5 minute read
Litigation Funding
Wednesday morning Willkie Farr & Gallagher and litigation funder Longford Capital Management jointly announced a $50 million "funding agreement" that they say is poised "to provide equity capital to fund attorneys' fees and litigation costs, and to monetize the value of meritorious legal claims for Willkie's clients" in business-to-business disputes. Longford also announced that Willkie litigator Craig C. Martin, the firm's Midwest chair, will join its board of independent advisers.
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