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26 May 2023
Issue: 8026 / Categories: Legal News , Litigation funding , Legal services
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NLJ this week: A revolutionary development in litigation funding

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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’. 

Read more on the evolution of litigation funding here.

MOVERS & SHAKERS

Clyde & Co—Suriya Ashok

Clyde & Co—Suriya Ashok

Clyde Co strengthens energy transition and construction offering with hire of Suriya Ashok

Jurit—Nicole Gallop Mildon

Jurit—Nicole Gallop Mildon

Jurit appoints rare dual-qualified lawyer to expand Anglo-French private wealth expertise

NEWS
A child’s views can be taken into account during international child abduction proceedings, the Supreme Court has held
Small and medium-sized law firms have urged regulators to pause plans to exclude owner-managers from compliance officer roles
Lawyers have raised the alarm on employment tribunal delays and backlogs, with some cases facing a three-year wait for a hearing
The controversial assisted dying Bill has drawn to a halt after MPs defeated it by 286 votes to 270
MPs have called for legislation to protect against the human rights risks of artificial intelligence (AI)
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