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Corporate Counsel

Legal Departments Brace for Spike in Litigation, Fueled by Slew of Factors

"Law firms want to be sticky with their clients, and companies are increasingly narrowing down who they work with to add more favorable terms with a select group of firms," according to an in-house attorney surveyed by Burford Capital.
2 minute read

National Law Journal

Plaintiffs' Disputes: Before You Begin, Think About the Endgame

Plaintiffs and their counsel should not let optimism at the outset of a case distract them from considering, and planning for, a scenario where the defendant cannot or will not pay.
5 minute read

The Legal Intelligencer

Why Corporations Should Be Saying: Show Me the Funding!

Today, there is a not-often-enough adopted opportunity to increase the profitability of legal departments—third-party funding or litigation funding. It is not necessarily new, with roots going back decades, but its place in commercial litigation is now emerging.
5 minute read

Connecticut Law Tribune

Law Firm Sued Over Attorney's Firing

"Black Diamond demanded [attorney William] Bucher be fired, threatening to pull all work from Zaiger LLC and to sue Jeff Zaiger, Bucher, and Zaiger LLC if Bucher was not fired," the complaint alleges.
4 minute read

New York Law Journal

'Not Relevant': Judge Rules Trump Can't Discuss Litigation Funding at Civil Trial

Trump's lawyers have argued that Carroll is pursuing the case for political reasons.
2 minute read

The Recorder

Calif. Litigation Funding Bill Narrowed to Drop Financing-Disclosure Mandate

The bill's author, state Sen. Anna Caballero, D-Salinas, said she's focused on ending "predatory" consumer financing, not litigation funding.
3 minute read

National Law Journal

Legal Finance 2023 Outlook: Managing Risk and Maximizing Growth in Uncertain Times

We may be at a tipping point: No matter their size, companies expect law firms and in-house legal teams to be ready with innovative legal financing solutions and ideas.
8 minute read

International Edition

Credit Suisse Bond Investors in Asia Face an Uphill Battle in Recouping Losses

At least 80 Credit Suisse investors in Singapore are in talks to sue the Swiss government over its decision to write down $17 billion of Credit Suisse Additional Tier-1 bonds. Lawyers in Japan are also considering filing lawsuits to recoup investor losses from the sale of the bonds.
7 minute read

Connecticut Law Tribune

'Completely Slimy and Dishonest': Lawyers Divided Over Litigation Funding

"It gives the opportunity for a fair result, as opposed to a severely injured person taking whatever is offered because of the financial strain or an inability to get medical care," Peter Dreyer of Silver Golub & Teitell said.
8 minute read

The American Lawyer

Facing Nasdaq Delistment, John Ruiz's LifeWallet Grapples With Its Ambitious $32 Billion Valuation

After a disastrous IPO, the company continued to value some of its assets at pre-IPO share prices.
18 minute read

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