The growth of new capital commitments by U.S. commercial litigation financiers has accelerated every year since 2019. Yet firms in the Am Law 200 received a much smaller portion of this capital last year compared to 2021, with their share dipping from 41% to 28%.
That’s a return to historic norms, according to Charles Agee, CEO of litigation funding broker Westfleet Advisors, who also emphasized that only a small minority of civil cases in the U.S. have any involvement from third-party funders.
