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Litigation Funding – The UK and US Rankings 2023

The Legal 500 has released its 2023 US and UK rankings for litigation funding, ranking Burford, Harbour and Therium Group Holdings Limited as Tier 1 funders in the UK, and Burford and Omni Bridgeway as Tier 1 funders in the US.


Clients vote with their feet as rising costs bite

The team at Harbour has released the results of its survey of 200+ law firm partners, which reveals increasing pressure on law firms from clients seeking more affordable services, suggesting that macroeconomic conditions are quickly impacting the purchasing power of some law firm clients, and that law firm leaders may wish to consider creative options for financing legal services or risk losing out to their competitors.

New Fundings

Harbour backs UK and Dutch claims against Google over digital advertising practices

Harbour is backing UK and Dutch claims of up to 25 billion euros against Alphabet Inc unit Google on behalf of publishers over Google’s digital advertising practices. The suits allege that Google deprived publishers of billions of revenues through anti-competitive conduct, namely that it used its publisher ad servers by favouring its own ad exchange and used its ad exchange to favour its publisher ad server, and will seek to recover compensation for all owners of websites carrying banner advertising.

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