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Thanks to Saul Ewing LLP and Casey Grabenstein for sharing this article from Legal Dive about the growing use of commercial litigation finance by in-house counsel and large law firms. While much of the commentary on funding may focus on regulatory developments around disclosure, this article examines the trends that are driving the industry right now: using legal finance to help turn legal departments into a profit center (or at least a revenue neutral center) and to help build out a practice or book of business in a law firm. We see more and more corporate legal departments and law firms realizing the value of litigation finance to grow their business and pursue meritorious cases.

The rise of litigation funding is reshaping the legal landscape, as in-house counsel and law firms increasingly leverage third-party dispute financing. However, the industry has faced headwinds like rising interest rates and court backlogs. “I just think (third-party funding) makes it harder for a nuisance value or a cheap settlement, it makes it hard for the defendants,” said Casey Grabenstein, a partner with Saul Ewing LLP in Chicago who has litigated cases with third-party funding. “I mean, that’s why they hate it.” To read the full article in Legal Dive, visit: https://lnkd.in/gdquZssv #LitigationFunding #Investments

Great to read this article from Legal Dive about how in-house counsel and law firms are increasingly turning to litigation funders to align legal operations with business goals. With litigation costs on the rise, third-party funding is helping legal teams transform from cost centres into strategic partners, enabling them to pursue cases that drive significant business impact. It’s promising to see how litigation funding is helping legal teams become more commercially aligned and strategic in their approach. You can read the full article here: https://buff.ly/3YIbugB #LitigationFunding #LawFirms #LegalFinance #LitigationFinance

The complex and evolving world of third-party litigation funding is highlighted in a recent legal dispute between two Little Rock attorneys. This case underscores the sometumes contentious nature of litigation financing, revealing its potential to reshape legal strategies and financial dynamics within the industry. https://lnkd.in/dBwgVqqx #LitigationFinance #LegalIndustry #ThirdPartyFunding #LegalDisputes #LawPractice.

Kessler Topaz once again receives top recognition in the 2024 edition of the Legal 500 United States rankings. Kessler Topaz is ranked as a Tier 1 M&A Litigation: Plaintiff Law Firm and Tier 1 Securities Litigation: Plaintiff Law Firm - notably one of only two nationwide ranked in M&A Tier 1 and one of four nationwide ranked in Securities Tier 1. We are also proud of our attorneys who have been recognized in this year’s special edition. Partners David Kessler, Darren J. Check, Lee D. Rudy, Daniel Albert, and Naumon A. Amjed received individual recognition as the Legal 500’s Leading Lawyers. The Legal 500 analyzes the capabilities of law firms across the world, with a comprehensive research program revised and updated every year to bring the most up-to-date vision of the global legal market. The Legal 500 assesses the strengths of law firms in over 150 jurisdictions. Only a small number of firms in the US have a truly national presence coupled with the capability to handle sophisticated and complex work; these are the ones the Legal 500 choose to highlight. To view the Legal 500 rankings, click here: https://lnkd.in/e2rRcaKa

Curious if Fidu is right for your firm? Hear the type of law firms benefiting most from Fidu's subscription legal services management platform. #FinanciallyLegal #LegalTech #LegalCaseManagement

The public policy debate over litigation finance often overlooks that judges have repeatedly reaffirmed the benefits of third-party funding. In this New York Law Journal article, I explain this with reference to New York’s case law on litigation funding. #litigationfinance #litigationfunding #litigation ALM Certum Group https://lnkd.in/e3-hx6Nx

The commercial legal finance industry in the US has evolved in the last decade and legal finance is now widely used by leading law firms and Fortune 500 companies. Burford provided expertise for Chambers and Partners’ Litigation Funding Guide chapter on the state of the legal finance industry in the US. Read more: https://lnkd.in/eG4ZxRPD Authors: Emily Slater, Evan Meyerson and Andrew Cohen #legalfinance #litigationfunding #BurfordCapital 

A great reminder about the importance of client involvement in litigation. Client involvement is crucial for a successful outcome. Clients can often provide ideas and opinions that we lawyers are not always thinking about when we are so deeply entrenched in the legal process. By keeping clients informed and engaged, we can ensure litigation is a collaborative process and that the needs and goals of the clients are met. https://lnkd.in/gQntpNZm

Today's #ReadFirstLegal recommendation is: 'The Catch-22 of Law Firm Partner Profits' by Jordan Furlong https://loom.ly/pfc-Bq4 #auslaw #lawfirmstrategy #strategy #psf #psfbd