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As more capital flows into the coffers of third-party litigation funders, their success depends on finding promising areas to direct their resources. A new deal between litigation funder Longford Capital and the University of California, Santa Barbara suggests traditional law firms can play a role in advancing those ambitions.

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Dan Packel

Dan Packel covers law firms' global strategy and economics. Based in Philadelphia, he writes a weekly briefing for Law.com, "The Law Firm Disrupted," exploring change and innovation in the legal services market. Contact him at dpackel@alm.com. On Twitter at @packeld

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