Litigation funders target law firm start-ups in new wave of lending

Ellora MacPherson of Harbour, Neil Purslow of Therium and Mike Redman of Burford share their firms’ respective approaches to lending to law firms outside of the litigation funding context, as more and more funders begin to offer a broader range of financing services to law firms not necessarily linked to litigation, such as departmental growth funding, working capital loans and money for start-ups, among others.