Since the 2016/17 financial year, the size of the Litigation Finance market has doubled—bringing total assets under management to a whopping GBP 2 billion. Why is that?
An LFJ Conversation with Michael Kelley, Partner, Parker Poe
Since the 2016/17 financial year, the size of the Litigation Finance market has doubled—bringing total assets under management to a whopping GBP 2 billion. Why is that?
Global Legal Post points out the obvious correlation between financial unrest and increased litigation. But there’s more. Investors are increasingly seeking out investments that are uncorrelated with global markets, owing to the continued uncertainty caused by COVID.
Insolvencies, insurance cases, and IP disputes are all growing in number as businesses seek out ways to shore up balance sheets and weather the pandemic.
As global markets become more friendly toward third-party legal funding, the practice shows no signs of slowing. New funds are popping up regularly—including a new fund from TheJudgeGroup and Thomas Miller Group—Erso Capital.
