Law Firm-Funder Partnerships in a Time of Economic Uncertainty

The current climate of economic uncertainty and looming recession has created enormous challenges for law firms and their clients involved in or contemplating litigation. Clients need to pursue and defend business critical claims while preserving capital, and firms must maintain the continuity and profitability of their litigation practices. In the midst of this, a recent NYC Bar Association report advocates for a new partnership between lawyers and litigation funders – a partnership that could open a new path forward for lawyers and litigants across the nation as they get access to funding that can help them navigate this period of unprecedented economic upheaval.

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