Burford Insights: How would law firm equity work?
- Law firm equity
By taking a minority ownership stake in a boutique UK law firm, PCB Litigation, in July 2020, Burford became the first legal financier to provide capital in exchange for law firm equity. Additionally, Arizona recently abolished rule 5.4, becoming the first state to allow law firms to move to ABS structures, signaling increased momentum for outside ownership in the US. As law firm equity financing becomes a reality, legal finance providers can help law firms find innovative new paths to growth.
Burford's Jonathan Molot, CIO and Co-Founder, is a globally influential thinker and practitioner in the world of legal finance. He is among the most cited thinkers on how law firms can evolve to address the limits of the cash partnership model. In this video, he explains how law firm equity would work including:
This video was recorded on 6 October 2020.
This communication shall not constitute an offer to sell or the solicitation of an offer to buy any ordinary shares or other securities of Burford. This video may not be copied, distributed, published or reproduced, in whole or in part.