Bloomberg Law
Nov. 21, 2019, 9:50 AM UTC

Litigation Finance Transparency Push Instead Lets Opacity Shine

Roy Strom
Roy Strom
Reporter

Welcome back to the Big Law Business column on the changing legal marketplace written by me, Roy Strom. This week, litigation funders debate whether a new report on their industry is transparent enough.

Litigation finance has been a buzzy topic in the legal industry for at least five years. During all that time, there has never been a real answer to a somewhat straightforward question: Just how much money are Big Law firms taking from litigation funders?

There’s still not a verified number, but this week the industry got its best educated guess.

A survey of more than 40 ...

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