Burford contributes a chapter in Chambers and Partners Litigation Funding Guide
Chamber's Litigation Funding Guide covers key jurisdictions across Europe, the USA and Asia.
Andrew Cohen, Emily Slater and Evan Meyerson have provided expertise for the chapter on the state of the legal finance industry in the US.
The chapter covers the following topics:
- Legal and regulatory framework for litigation funding
- Adverse costs and insurance
- Lawyer ethics
- Taxes
- Trends and developments
The chapter can be found here.
The commercial legal finance industry in the US has evolved in the last decade and is now widely used by leading law firms and Fortune 500 companies. As one GC of a multinational logistics company explained in a recent study: “Fifteen years ago, if someone asked about funding litigation it sounded radical, but now it is mainstream.”
To learn more about how legal finance works in practice, see our introduction to legal finance.
