The past year in litigation finance has been riveting, at least for those of us in the thick of the industry. Next year promises to be just as eventful—perhaps even more so as the sector matures and faces new legal and competitive challenges.
In 2018 it seemed that every other week brought news of another funding company being hatched (including the one I lead, Validity Finance, which launched in June). Capital has rushed into our space like a flash flood into a canyon gully. Many of the benefits are obvious: for litigants, a wider choice of funders; for law firms, tools to boost profits and realization rates; and for the sector as a whole, a release of financial creativity generated by healthy competition.
