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Litigation Funders Face Their Hardest Sell: Big Law

There Is More Money Than Ever In the Hands of Litigation Financiers, But Can They Convince Law Firms to Use It?

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When the two largest rivals in an industry combine, it is typically a sign of a mature market. In the case of litigation finance, throw that rule out. The December 2016 acquisition of Gerchen Keller Capital by Burford Capital — at the time the two largest companies investing in commercial litigation — has proved to be a spark plug for the nascent business of financially backing lawsuits.

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