Businesses can use legal finance to simultaneously do good and do well—by shifting the cost and risk of their affirmative litigations while promoting diversity in law.
To help close the diversity gap in the leadership of commercial litigation and arbitration, Burford launched The Equity Project to fund matters led by female and racially diverse lawyers. We’ve committed almost $170 million and recently set a goal of committing at least an additional $150 million.
Since 2021, when Equity Project matters resolve successfully and generate expected returns, Burford has committed to contribute some of our proceeds to a charitable organization focused on advancing female and racially diverse lawyers on behalf of our client. Businesses and law firms using Equity Project capital can feel doubly good about their impact.
Companies can use Equity Project capital to advance their diversity goals through their legal spend—by encouraging the firms that represent them to appoint female and racially diverse lawyers on their matters and award them appropriate origination credit.
Lawyers backed by Equity Project capital can offer their clients attractive terms and expand their contingency practices without taking on the full risk.
The Equity Project eases pathways towards origination and client relationship credit for lawyers who have often been underrepresented in leadership roles.
Lawyers can use Equity Project capital to show innovation and ambition to land new clients and serve them well.
Burford funds matters as part of The Equity Project when they meet the investment criteria required of all of Burford’s funded matters and, in addition, one of the following is true: