Chris Bogart, CEO of Buford Capital. Courtesy photo. We Now Have an Industry Standard for Legal Finance Reporting and Transparency
With input from the SEC, Burford has built a valuation approach that marries case-driven valuation to duration and the time value of money, which can be adopted by the wider legal finance sector.
July 18, 2023 at 06:00 PM
5 minute read
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For the first time, the legal finance industry has something that other finance firms take for granted: An industry-standard best practice created in conjunction with the SEC for valuing legal finance investments and thus reporting revenue and asset value. This milestone sets a new standard for the industry and will lead to enhanced transparency.
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