New year, new job. Litigation Finance has been expanding as an industry for over a decade. Investment size is growing, more and more clients are seeking out funding, and big names in law, tech, and finance are clamoring to get in on the action.
An LFJ Conversation with Michael Kelley, Partner, Parker Poe
New year, new job. Litigation Finance has been expanding as an industry for over a decade. Investment size is growing, more and more clients are seeking out funding, and big names in law, tech, and finance are clamoring to get in on the action.
Westlaw reports that Delta Capital Partners Management LLC has brought in a new president. Peter Cornell is formerly of Clifford Chance, and joins the Chicago-based private equity firm this year.
A new legal finance firm, Contingency Capital, has hired Jeff Cohen—formerly of Greenwich, Connecticut firm Southpaw Asset Management. Cohen joins the New York firm as a partner and managing director.
Some say that legal finance came into its own with the formation of the International Legal Finance Association—an advocacy organization made up of funders from around the world. If these two hires are any indication, prominent law firm and investment professionals are eager to join the growing industry.
