Hedge Fund Lawsuit Financing Poised for SEC Enforcement Scrutiny

Keep Reading

In the News

California Takes Up Law Firm Ownership Fight After ABA Sidesteps

California lawmakers are set to vote before the end of the month on legislation that would allow the California bar to test new legal service models to make them more affordable. An amended version of the bill would still prevent non-lawyer companies from co-owning firms, however, and ban the sharing of legal fees with non-lawyers, thus preventing firms from going public or taking investments from litigation funders and others. Despite these developments, William Farrell Jr. of Longford Capital still predicts that California will eventually loosen its regulations.

Insights

Lit Finance Complexities, Opportunities on the Rise

Annie Pavia of Bloomberg Law shares the results of Bloomberg Law’s 2021 Litigation Finance Survey, revealing that the majority of litigation funders (56%) reported that their business increased even in the middle of the economic downturn last fall and a slightly larger percentage (59%) said they have more business now than they did before the downturn began.

Before You Go

Never miss a thing in the litigation finance market.