Bloomberg Law
December 2, 2019, 12:48 PM UTC

Wake Up Call: Third-Party Brokers Work ‘Flooded’ Litigation Funding Market

Rick Mitchell
Rick Mitchell
Freelance Correspondent
  • Litigation finance companies with billions of dollars to invest are combing through databases in a hunt for litigators with promising cases. Meanwhile, third-party litigation finance brokers are making cold calls to hook up claimaints with funders and vice versa, according to a report. (American Lawyer)

  • No one knows exactly how much money Big Law firms are getting from litigation funders. One brokerage’s recent estimate got a mixed reception. (BLB via BLAW)

  • Attorneys for President Trump said yesterday that they will not participate in the House Judiciary Committee’s first public impeachment hearing this week. (NYT) ...

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