Bloomberg Law on increased legal finance demand in tough economic times

Bloomberg Law reports on how legal finance providers are in high demand in tough economic times as "clients seek to save costs, avoid borrowing and offload risk—all while aiming for big payouts."

“'Firms that traditionally have been on the defense side with some contingency practice want to take on more,'" said Burford Co-COO David Perla, adding that "litigation finance has gained popularity as the tool has become more mainstream—and as companies see the results of investments in cases."

Click here to view full article.