Litigation funding is evolving beyond single-case litigation, Maurice MacSweeney, director of legal finance & sales planning at Harbour, writes in this week’s NLJ.
‘The most recent development is perhaps the most revolutionary—litigation financiers becoming funders to law firms or other legal businesses, and for purposes not necessarily linked to litigation,’ MacSweeney writes.
He outlines the developments afoot and the huge potential this affords, noting that legal financiers have a ‘deep understanding of the requirements of law firms’.
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