Litigation Funding Industry Deepening Law Firm Ties
Law360, New York (November 16, 2015, 8:09 PM EST) -- Litigation funding firm Bentham IMF's announcement Monday that it will throw its money behind the launching of new practice groups and attorney recruiting at law firms represents another breakdown in the traditional wall between third-party investors and firms, experts said.
Along with portfolio investments in related cases and closer partnerships with plaintiffs firms, the New York-based Bentham said the assembled investments and business model "could signal a new model for litigation risk-sharing."
"In short, we help incubate firms and practice groups," Bentham Chief Investment Officer Ralph Sutton said in a statement.
Following the recent partnership between Burford Capital LLC and antitrust...
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