Further momentum was provided by the decision in September of
global litigation finance firm Therium to partner with Jausas to deal with a rapidly growing portfolio of wind and solar claimants.
A recent Bloomberg article profiles the explosion of
new litigation finance firms, moving the practice from an emerging industry into a massive business over the past few years.
But thanks to
Litigation Finance firm Harbour Litigation Funding, Werner has been able to bring a case against the firm's former CEO that would otherwise have proven too costly to pursue.
Litigation Financing: Relationships
with litigation financing firms allow us to work at a reduced rate since they can be a frequent source of trial consulting work for A2L and because we refer them clients regularly.
That practical consideration does not change the fact that it is hard to characterize the actions of the lawyers
at litigation finance firms whose business model includes active investing rather than passive investing in a claim as anything other than the practice of law.
Founded in London and Jersey in 2009, Therium is one of the most established
global litigation financing firms, with a market - leading track record of generating superior returns for its investors.
The brash CEO is quick to point out instances where
his Litigation Finance firm has upended the traditional legal paradigm.