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The State of Legal Finance in 2020

Legal industry analyst Ari Kaplan interviewed 32 lawyers from Finland, France, Hong Kong, Norway, Singapore, the UK and the U.S. about the evolution of legal finance. He also surveyed 20 in-house lawyers at Fortune 500 companies and 18 law firm lawyers from Australia, the Cayman Islands, France, Germany, Hong Kong, Italy, Singapore, Sweden, the UK, and the U.S. about emerging trends in legal finance. Below are some of his findings and what they indicate about the current state of the sector.

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Given the shifting economy and related uncertainty in the legal community, my research may help leaders with their strategy and decision-making. From Aug. 14, 2019 through Sept. 11, 2019, I had the privilege of personally interviewing 32 lawyers from Finland, France, Hong Kong, Norway, Singapore, the UK and the U.S. about the evolution of legal finance. 16 worked in-house and 16 were senior attorneys in law firms. A year before, in August of 2018, I interviewed 20 in-house lawyers at Fortune 500 companies and 18 law firm lawyers from Australia, the Cayman Islands, France, Germany, Hong Kong, Italy, Singapore, Sweden, the UK, and the U.S. about emerging trends in legal finance. Below are some of my findings and what they indicate about the current state of the sector.

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