The State Of The Litigation Finance Industry In 2017

By Christopher P. Bogart, Burford Capital LLC (January 28, 2017, 10:26 PM EST) -- In many quarters of the legal market, commercial litigation finance has become ubiquitous. In the United States, the number of lawyers whose firms have used litigation finance has quadrupled since 2013. Even so, too many remain poorly informed, leaving them both at a competitive disadvantage and prone to oddly persistent "alternative facts" about litigation finance.

What follows is an assessment of the state of the litigation finance industry in 2017 — and the key business and regulatory considerations that lawyers should be tracking in the year ahead.

"Litigation finance" will increasingly be about a lot more than litigation.

Conventional wisdom posits...

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