The litigation financing firm Burford Group took in $47 million in recoveries last year—its best performance since its founding in 2009. CEO Christopher Bogart talked with us about why he thinks both law firms and corporate clients can benefit from third-party litigation funding.

Day Two of trial in Chevron's fraud and RICO case against Steven Donziger and his Ecuadorian allies centered on the testimony of Christopher Bogart, founder and CEO of the prominent U.S.-based litigation financier Burford Capital.

On a return trip to the London Stock Exchange a little more than a year after its IPO, Burford has become the best-capitalized fund in the burgeoning litigation financing business. Now it's looking to deploy all that new cash.

A $5 million investment in this case could turn into a very nice payday for the litigation funding company Burford Capital. It's entitled to 33 percent of any settlement before judgment and 40 percent of any judgment.