L-R Eric Ostroff and Jeff Gutchess.
The practice of litigation funding is big business. Litigation spending in the U.S. aggregated $21.09 billion in 2019 and is is projected to rise to $22.32 billion in 2020.
March 20, 2020 at 01:05 PM
1 minute read
To secure more substantial returns with less risk, law firms in South Florida are increasing their focus on litigation financing, by which they obtain monetary resources and the legal insight that their client needs to win its case.
Eric Ostroff, a managing partner at Meland Russin & Budwick, says he is a proponent of litigation financing.
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