With litigation activity on the rise and pressure on in-house counsel to tighten legal spends, James Mayer introduces the launch of a new Legal Week content series, discussing the role of third-party litigation funding in today’s legal services market
The recession has been detrimental for many legal practice areas, but litigation isn’t one of them. Since 2008, there has been a notable increase in litigation activity which has increased belt tightening.
In-house lawyers have long made their views on cost pressures known. In Legal Week‘s 2014 Client Satisfaction Report, 69% of in-house lawyers expressed their preference for fixed fees to help control their legal costs.
