New York Times Covers Legal Financing Industry
As many people know, the legal financing industry is growing by leaps and bounds. It seems like every day there is new company being formed, a lawyer or a judge joining a legal finance company, or news of a legal funding company receiving more investment dollars.
It is an undeniable fact that the industry is poised for growth, possibly beyond the next decade, because it provides something sorely needed by plaintiffs and plaintiff’s attorneys: money.
There is nothing more mainstream than being in the New York Times-it is arguably the paper of record. They have covered the legal financing industry for some time now, and this post is just a collection of those stories.
To fight against a big company, a lawyer is going to need money. Bills still have to be paid no matter how idealistic the case or the fight. The need for dollars and the pursuit of justice are bedfellows when it comes to legal financing, and the New York Times stories have shown that.
About the Author:
Lulaine Compere is a writer and research analyst in the legal financing space.