Don't be afraid of Litigation Funding

Posted on March 20, 2008 by David Austin

Looks like it is going mainstream.  Major firms are stepping up and asking private funding companies and even hedge funds to provide funding to further litigation.

Eight out of 10 of the City’s top law firms are already using or assessing external funding for litigation and arbitration cases, it has emerged, marking a dramatic move of third-party funding into mainstream practice.

All of the top 10 City firms except Linklaters and Slaughter and May are now offering, or considering offering, clients external funding in some cases, Legal Week has established.

Source:  LegalWeek.com

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