The online litigation finance platform LexShares announced Thursday it is hoping to draw $25 million for a managed fund that will invest in a broad portfolio of lawsuits across the United States.

The development is arguably the latest sign of the heat surrounding the nascent U.S. litigation funding industry, which in the past year has seen new market entrants, a major acquisition, and huge amounts of money streaming into the legal system.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]