US Litigation Finance On The Rise, Survey Says

Law360, New York (December 4, 2012, 4:38 PM EST) -- Litigators and corporate attorneys expect the use of third-party funding to finance litigation costs to grow in commercial litigation over the next 18 months, according to a new survey released Tuesday by Burford Group LLC.

Burford’s 2012 Litigation Financing Survey gauged to what extent litigators, general counsel and chief financial officers were aware of the concept of third-party litigation financing and the level of demand they expected to see for it in the months to come. Litigation financing is used by parties that want to pursue...
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