Category Archives: Legal Innovation
Validity Launches New Fund to Support the Wrongfully Convicted
When people serve hard time for a crime that they did not commit, the entire societal fabric suffers. And when the innocent are eventually vindicated, oftentimes they face a difficult re-acclimation process back into normal life. Validity Finance has stepped in to help right these wrongs with a groundbreaking new fund.
Legal Finance and Legal Analytics
The impact of legal analytics will soon become priceless, according to a new report. As big law embraces the next generation of technology, adoption acceleration can be tracked via balance sheet line items. Big data sometimes can be a misnomer, but now more than ever, dashboard signals indicate the investment in technology may be paying…
Bribes, Grease Payments and Global Litigation Finance
Both competition law and consumer protection law focus on eliminating global marketplace manipulation. Deceptive acts and practices in many offshore businesses are byproducts of illegal bribes, or legal grease payments. Exclusionary price fixing of international virtual currency markets suggests that innovation is necessary to level the playing field. …
Is Litigation Finance Really so New?
Third parties funding legal cases is certainly not new. In fact, the practice has existed since the middle ages. Once called ‘champerty and maintenance,’ third party funding of claims was banished by much of the globe until just a few decades ago. Comparatively, legal funding isn’t that different than the types of third-party financing used…
Data Security Damages Paid in Advance?
NYCCoin and New York-based Stacks pose a billion dollar question: Are Hong Kong data rules the same as China data rules? …
The History of Litigation Finance
The emergence of litigation finance in mainstream society over the last decade is built upon a rich history. With the invention of legal systems and processes, third party investment of issues related to law span centuries, and range across all continents. …
Burford Capital’s Chris Bogart: Litigation Funding Innovator
After a notable career with Time Warner, Chris Bogart co-founded Burford Capital, now the global leader in litigation finance. It began with a simple idea: develop a third-party funding company that finances firms and individual claimants in exchange for a share in any settlement or award. As a moneymaker for investors and a way to…
Blockchain Technology: Emerging Legal Use Cases
Multiple use cases are emerging for the integration of blockchain technology into modern global law practices. Traditionally, many legal enterprises start out as small to medium businesses which have been risk averse when it comes to new technologies. …
Litigation Funding via ILO
Litigation finance has a new tech savvy way of doing business, with the emergence of Initial Litigation Offerings (ILO). So far, there has been only one group to gain notoriety employing an ILO. Weed vs. Hemp crop destruction is the controversial ILO investment subject. …
A Stock Market for Litigation Finance
A litigation finance stock market? That is what one new New York startup called Ryval is looking to launch. The idea is to let everyday citizens bet on litigation claims. …
