Law Practice
Feb. 3, 2011
Firms Bankrolling Lawsuits Go Big
Money helps companies bring cases against competitors but some lawyers worry it erodes client privilege.
Daily Journal Staff Writer
The practice of bankrolling commercial litigation as an investment has largely operated in the shadows, decried by critics as betting on the courts. But in recent months, a number of lawsuits have shined a light on this growing enterprise that some lawyers say could be a game changer in corporate litigation.
In one case, Burford Capital Ltd. is backing one side in a major contract dispute between lan...
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