Tuesday 5 January 2016
This article, written with a focus on the American litigation funding market, gives an in depth and balanced analysis of litigation finance, taking into account both its critics and proponents. The author looks at the business models of funders; the control of financed cases and interests of the parties involved; and ‘the regulation question’. The UK market differs somewhat to the American, and Augusta does not conform to the ‘traditional’ funding model, however the underlying principles are shared and funding supports clients and law firms alike. American Lawyer article.