Even though Susman Godfrey partner Shawn Rabin works for a firm with four decades of experience making a contingency-based commercial litigation practice work, his phone line is buzzing with entreaties from litigation funders.

The industry has an estimated $9.5 billion in assets under management in the United States, according to a recent study, and that capital needs to find a home. Consequently, funders are tracking PACER for fresh filings and reaching out to litigators with promising cases. And third parties are getting in the mix, too—litigation finance brokers aiming to connect claimaints to funders and vice versa.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]