Longford raises additional capital

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All Systems Must Be Go

Russ Genet, a Director at Longford Capital and a former IP litigator, talks about the crucial rule of due diligence in IP litigation finance, how similar a litigation funder’s due diligence process is to a litigator’s and why due diligence in IP litigation finance is like mission control for a space launch.

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.

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Legal consultant limelight: Justine Maleson

Justin Maleson of Longford Capital predicts even more widescale adoption and continued innovation in litigation funding over the next decade. He expects to see several states follow Arizona’s lead in allowing non-lawyer ownership of law firms and the continued development of defense funding offerings.

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