This year, ATL, along with our friends at Lake Whillans, will be fielding our fifth annual litigation finance survey. Our surveys have told a consistent story over this time period: that of ever-increasing growth for the practice of third-party litigation funding.
Our 2020 findings showed a marked increase in the scale and momentum of the field’s development and acceptance, with a significant majority of respondents — both at law firms and corporate legal departments — with firsthand experience with litigation funding. And these survey respondents with firsthand experience were nearly unanimous in asserting that they would use litigation finance again.
But the last year has obviously been one unlike any other. With all the turmoil and uncertainty, what role will litigation funding play in a legal market driven by new necessities and creative problem solving?
Amidst these challenges, we are asking practicing litigators and their in-house peers for insight into broader industry trends as well as their perceptions of specific litigation finance firms.
Please take our brief (as always) survey and let us know what drives the decision to seek financing, how adoption varies among industries and categories of companies, and other topics. Regardless of the extent of your experience with litigation finance, we want to hear from you!
