Chambers and Partners has started ranking litigation funding firms, the latest sign that litigation finance is here to stay.
The UK-based organization, which ranks corporate lawyers and litigators around the world, ranked six firms in its first-ever litigation funding guide. The firms are organized into three tiers — Band 1, Band 2 and Band 3.
In Band 1 are Bentham IMF and Burford Capital, both based in New York. Bentham IMF, a longstanding player in the litigation funding industry, is owned by IMF Bentham Limited, which is publicly listed on the Australian Securities Exchange.
