A continued focus on collective actions is likely
Leading law firm Macfarlanes has conducted a survey among London litigation funders which has provided some important insights into the likely evolution of the UK litigation funding and legal assets market.
The feedback was clear: funders are looking to deploy ever-larger sums; are open to taking portfolio risk (rather than just that of a single case); are actively seeking the development of the co-investment and secondary markets; and, in more than 50 per cent of instances, were prepared to finance non-contentious risk, as well as more traditional litigation opportunities.
A continued focus on collective actions is likely, not least because of the larger budgets typically required for such cases; the further evolution of def...