Third-party funding is set to break into the mainstream of City litigation as it emerges that Herbert Smith is considering offering outside funding to clients, while a string of companies are also targeting the market. The Herbert Smith initiative, which is being personally overseen by litigation chief Sonya Leydecker, has led to the creation of a working party under litigation partner Anna Pertoldi to investigate the issue.
August 30, 2007 at 06:25 AM
1 minute read
The original version of this story was published on Legalweek
City’s top litigation team puts third-party funding on agenda as investment house tipped to enter the market
Third-party funding is set to break into the mainstream of City litigation as it emerges that Herbert Smith is considering offering outside funding to clients, while a string of companies are also targeting the market.
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