Even Well-Heeled Clients Are Turning to Litigation Finance
We already know that litigation finance can provide opportunities to pursue bigger and more time consuming cases. We also know that funders help companies and clients who couldn’t otherwise afford strong legal representation. But what about those who aren’t strapped for capital? Why are they turning to litigation finance, when they don’t appear to need to?
Even Strong Cases Benefit from Litigation Funding
When you have a strong case you feel great about, you’re probably not thinking about litigation funding. But perhaps you should be. Aside from the inherent risks associated with all litigation, there are a host of reasons why funding should be considered—even when you’re feeling confident.
Are Court Delays Better or Worse for Litigation Funders?
There’s a debate currently underway in the legal world: Will work stoppages brought about by the COVID-19 pandemic be better for litigation funders, or worse? Will it enhance earnings by increasing demand, or lead to lower settlements and fewer payouts? Can an influx of new cases bolster the legal field, or will it merely increase competition to land lit fin deals?
Litigation Finance Can Perk Up a Down Economy
When the economy takes a downturn, a spike in litigation can follow. Desperate financial times can turn even the most non-confrontational towards dispute—as assets dwindle and every penny counts. But in an economy beset by losses, slow growth, layoffs, and shutdowns, how are people supposed to fund cases?
Enter: Litigation Finance.
Balance Legal Capital Raises New US $100MM Litigation Fund
LONDON, 25 MARCH 2020 – BALANCE LEGAL CAPITAL LLP, a London-based provider of litigation and arbitration finance, today announced it has raised a further US$100 million from 8 institutional investors in a new UK fund for deployment in the UK, Australia and other common law jurisdictions.
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Understanding the Latest NYC Bar Report on Litigation Funding
Tuesday, March 31, 2020
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Small Law Firms Get Creative During COVID-19 Crisis
The legal field is in a state of flux, as precautions against COIVD-19 impact cases, meetings, court appearances and more. Uncertainty and unpredictability rule a landscape that will soon be overrun with cases involving everything from negligence to breach of contract. How are smaller firms handling it?
Fear of COVID-19 Lawsuits Impacts Nursing Homes
A recent outbreak of Coronavirus at a Washington state nursing home has led to all visitors being banned from entering facilities there. Yet even with such precautions, infections are spreading and deaths are occurring.
As this crisis continues, many are concerned about the lawsuits that may follow our post-COVID-19 return to normalcy. How will this impact the lit fin business?
Crisis Management in the Time of Coronavirus
From layoffs to a reduction in billable hours to postponed court times, the legal field is scrambling to mitigate the sweeping changes brought about by COVID-19. The various components of the Legal Services sector are all feeling the pain of the pandemic quite differently.
How Applicable is Force Majeure in the Wake of COVID-19?
In less than two months, America has changed dramatically as we all pitch in to flatten the curve of COVID-19 infections. This has caused businesses to close or dramatically reduce hours, staff, and output. It has led to supply chain stoppage and the total disruption of life and business as usual.
