Law Firms and Investors Are Loving MSOs: Litigation Finance
Litigation funder Certum Group’s acquisition of a management service organization is the latest example of the structures’ growing popularity among investors and law firms.
Litigation Finance
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Litigation Funder Certum Launches MSO Aimed at Mass Tort Firms
Another litigation funder is investing in the law firm space, by taking over a managed service organization to provide pre-litigation support for mass tort and personal injury firms.
Bernstein Litowitz Spars With Ex-Partner Starting Rival Firm
A Manhattan lawyer’s exit from the prominent securities firm that challenged Elon Musk’s $55.8 billion dollar Tesla pay package has prompted a public war of words.
Litigation Finance Hits a Wall as Bets on Huge Gains Falter
The litigation finance industry — a $20 billion market that channels capital from investors to lawyers chasing corporate malfeasance — faces an array of hurdles in the form of regulatory changes, lower payouts and longer trial times.
Tom Goldstein Identifies Funder He Used to Pay Personal Debts
SCOTUSBlog co-founder Tom Goldstein identified Parabellum Capital as the litigation funder he used to pay off seven-figure personal expenses in an appeal Wednesday related to his ongoing criminal case for tax evasion.
Burford’s Law Firm Gambit Uses MSO Loophole: Litigation Finance
Emily Siegel is off for the week and will return to your inboxes next Friday.
California Fee-Sharing Ban Gets Challenge From Mass Tort Firms
A mass tort law firm is asking a California federal court to halt the state’s prohibition on sharing legal fees with firms owned by non-lawyers.
Milbank Rolls Out $115,000 Associate Bonuses, Matching Rivals
Milbank LLP is paying associates up to $115,000 in year-end bonuses, matching its Big Law competitors in total extra compensation, the firm announced Monday.
Congress Debates Foreign Cash in US Courtrooms: Litigation Finance
The House Judiciary Committee debated a litigation finance bill this week — and another is likely on deck.
Proskauer Chief: ‘Revolution’ Is Coming, Not Everyone Is Ready
As Proskauer Rose celebrates 150 years, the New York law firm’s leader is trying to position it for the “equivalent of the Industrial Revolution” being brought on by the rise of artificial intelligence.
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