Emerging Trends in the Litigation Finance Market

Third-party litigation finance is a multi-billion-dollar industry that is affecting the practice of litigation globally as it flourishes in the United States and abroad. In recent years, litigation finance has made significant strides in gaining acceptance by litigators, law firms, and their corporate clients. The high cost and often protracted duration of litigation, coupled with the risk of netting a zero return, have fueled the litigation funding market.