Chris Bogart, CEO of Buford Capital. (Courtesy photo)
With the litigation funder's income climbing 40% and profits up 36%, CEO Chris Bogart said the legal industry, "long a cash-only business," is embracing capital in earnest.
July 25, 2019 at 03:21 PM
1 minute read
Third-party litigation funder Burford Capital Ltd. reported record financial results for the first half of 2019 on Thursday, with income climbing 40% to $287 million and profits rising 36% to $225 million after taxes.
The company grew at a faster rate than the first half of 2018, during which Burford’s income rose 17%, to $205.2 million.
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