Eight of London's top 10 law firms are already using or assessing external funding for litigation and arbitration cases, marking a dramatic move of third-party funding into mainstream practice. All of the top 10 U.K. firms except Linklaters and Slaughter and May are now offering, or considering offering, clients external funding in some cases. The dramatic adoption of the once-controversial technique illustrates the fast-changing attitudes as litigators position themselves for an expected upturn.
March 20, 2008 at 12:00 AM
1 minute read
The original version of this story was published on Law.com
Eight out of 10 of London’s top law firms are already using or assessing external funding for litigation and arbitration cases, it has emerged, marking a dramatic move of third-party funding into mainstream practice.
All of the top 10 U.K. firms except Linklaters and Slaughter and May are now offering, or considering offering, clients external funding in some cases, Legal Week has established.
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