A Tale of Two Markets: The Evolution of Litigation Funding in the UK and Australia

Chloe Lettington of Clifford Chance compares the evolution of litigation funding in the UK and Australia, arguing that the UK is moving toward a more mature market marked by tighter judicial scrutiny of funder returns, consolidation among funders and tougher certification standards, even as a potential reversal of PACCAR and expansion of collective proceedings could unlock more claims.