Attys, CFOs More Open To Litigation Finance, Survey Finds

Law360, New York (January 16, 2014, 7:41 PM EST) -- Lawyers and in-house finance executives are increasingly receptive to third-party litigation funding, according to a funder-sponsored survey released Thursday, even as a small minority indicated having employed such investor backing.

The survey sponsored by Burford Capital LLP, one of biggest players in the still-emerging U.S. commercial litigation finance industry, drew on responses from more than 430 legal and financial professionals.

It found a lion’s share of both in-house and private practice lawyers at least aware of the practice, and a significant percentage of private attorneys indicating their cases...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.