Exploring the Evolution of Litigation Finance: From Niche Market to $15 Billion Industry at LitFinCon
Los Angeles, CA — Once considered a niche sideline of the financial world, litigation finance has surged into prominence, transforming into a robust $15.2 billion industry, marking a significant rise from $9.5 billion just five years earlier. This growth trajectory was highlighted at the recent LitFinCon, hosted by Siltstone Capital in Los Angeles, which brought together funders, investors, lawyers, bankers, and judges to discuss the sector’s evolution and current issues. At the conference, a history of litigation funding was recapped, reflecting its journey from dubious legality to a mainstream finance tool. Initially, the practice faced … Read more