Firms with lawyer CEOs may have an advantage in navigating litigation environments, a recent academic study suggests. Researchers from four universities across the US found that lawyer CEOs are associated with both lower litigation frequency and less severe litigation. The reduction was observed among the nine most common types of litigation: antitrust, contract, employment civil rights, environmental, intellectual property, labour lawsuits, personal injury, product liability, and securities lawsuits. According to researcher M. Todd Henderson, lawyer-led firms experienced 16% to 74% less litigation, depending on the litigation type. “Employment civil rights, antitrust, and securities lawsuits were reduced the most, while contract […]
Litigation funding is on the increase. But what is its potential, asks Christopher Bogart of Burford? Le Moal Olivier
Much of the commentary about litigation focuses on its growth—and it has indeed grown. More interesting than where litigation finance has come from, however, is where it is going. That ongoing evolution reflects many of the persistent pressure points and perennial conflicts in the business of law. What’s ahead for litigation finance—and what does that mean for litigation teams and law firms—in the years to come?
1. GCs will use litigation finance to solve the litigation budget oxymoron