Litigation funding by non-parties has grown from a small niche into a significant industry, with such investments estimated to exceed $67 billion annually by 2037. As the volume of litigation continues to grow, so too does the prevalence of third-party litigation funding and medico-legal funding companies (MLFCs) in personal injury cases. Several years after the emergence of this industry, it has become clear that outside investment in lawsuits – particularly in personal injury claims – has…
By: Baker Donelson
By: Baker Donelson
