UK Funder Joins With Law Firm, Insurer to Form Legal Behemoth

UK-based Asertis has joined forces with a law firm, an insurance managing general agent and a mass tort and group action claim acquisition company to form a novel company designed to oversee cases from inception to resolution. The new venture highlights the opportunities for funders in the UK and other places where restrictions on law firm ownership have been relaxed, and could influence how the US looks at non-lawyer ownership of law firms.

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