DLA Piper is offering clients access to a nearly $200 million litigation funding pool through an agreement with a disputes financier and a newly-formed entity, in a move that marks the latest step in the U.K.’s fast-growing litigation finance industry.
The firm has formed a non-exclusive alliance with disputes financier Litigation Capital Management (LCM) and the newly-created Aldersgate Funding, led by two former DLA partners, to offer its clients financial backing for large-scale litigation and arbitration.
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