Lake Whillans Closes $125M Litigation Funding Round

Law360, New York (January 4, 2018, 5:32 PM EST) -- Litigation finance firm Lake Whillans closed a $125 million round of funding at the end of the year, the firm said Thursday, marking the first time the firm has looked outward since its inception in 2013.

The firm, which has offices in New York and California, raised $100 million through university endowments, $50 million from the University of Michigan, with the rest coming from various funds and high-net-worth individuals. The purpose of the capital is to invest in claims over assets where the value depends on the outcome of litigation or arbitration, according to Lake Whillans co-founder Lee Drucker.

"We probably...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Related Sections

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!