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While the supply of capital may be outstripping demand for now, a litigation finance broker thinks growing awareness will lead to greater adoption.
November 20, 2019 at 05:17 PM
1 minute read
Small law firms have mostly been the ones driving the boom in commercial litigation finance, according to a new report on the industry from broker Westfleet Advisors.
In collecting data on several dozen commercial litigation funders active in the U.S. market, Westfleet found that 70% of the capital committed by litigation funders over a 12-month period spanning 2018 and 2019 went to firms outside of the Am Law 200.
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