David Perla in New York Law Journal: Financed litigation is the next frontier for legal departments
In an article for New York Law Journal, David Perla argues that amidst growing competition, companies will increasingly pursue financed litigation to extract value from their legal departments. Citing research from Burford’s 2018 Litigation Finance Survey, Perla notes: “59 percent of respondents report having an uncollected recovery or unenforced judgment valued at $10 million or more… Companies have virtually no need to give up these claims and recoveries—in many cases, legal finance would enable their pursuit.”
