Dec 9, 2021 · Of the USD 17 billion investment into litigation funding globally in 2020, more than half was deployed in the US. Litigation funding companies (LFCs) invest in consumer and commercial litigation by funding legal action in return for a percentage of a successful claim sum.

The lawsuit acts as the collateral. Focus is on personal injury cases. Traditional lenders such as banks typically do not fund litigation as they do not accept legal assets as collateral. TPLF is varied and can take equity- or debt-like forms. Funding agreements are directly between the LFC and the plaintiff or a law firm, but funding can

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Sep 28, 2023 · The growing availability of third-party litigation funding allows plaintiffs to pursue better-funded cases for longer. According to Westfleet Advisors, the US litigation funding market grew by 44% between 2019 and 2022; 2; Additional capital also leads to increases in legal advertising by plaintiff lawyers, further contributing to growth of ...

Advocacy for pro-insurance regulatory changes will be important. Greater transparency of litigation funding seems to be gaining traction in some federal courts and state judiciaries. This is a good start, but more will be required. Disciplined underwriting We’ve seen recent actions to reduce large, multi-million-dollar limits.

Sep 7, 2024 · Non-economic drivers include factors like use of psychology-based strategies by the trial bar, third-party litigation funding, data analytics, digital media advertising and attitudes to social injustice. Our Social Inflation Index for the US shows values greater than zero since 2014, rising to around 7% by 2023.

In fact, third-party litigation funding has even become an alternative asset class, with average return rates higher than real estate and private equity. The global litigation funding market is predicted to reach USD 18 billion by 2025. But on an individual case basis, juries remain largely unaware that these funding models are supporting ...

USA • Master's degree in Public Policy, Harvard University, Cambridge, USA External mandates • Member of the Board of Directors China Pacific Insurance (Group) Co., Ltd. • Member of the Board of Directors FWD Management Holdings Ltd • Member of the Board of Directors FWD Group Holdings Ltd December 2024 John R. Dacey

•Among US law firms, use of litigation funding increased by >400% between 2013 and 2017, and a further ~20% in 2018 2 3 Shaub, Ahmuty, Citrin & Spratt, Swiss Re Institute

Jan 7, 2025 · US P&C insurance outlook for 2025: Stable profits amid decelerating growth, with ROE at 10%, driven by premium growth, investment income, and economic factors.