Litigation funding is taking off. Endowment and hedge funds, private equity and other savvy investors are pouring billions of dollars to funds that invest in litigation, enticed by ostensibly attractive returns. It’s also an area that is evolving quickly, and the market is experimenting with a variety of different types of funding arrangements. Litigation funding is no longer solely intended for funding class actions or personal injury suits. Corporate and insolvency litigation, international arbitration, and whistleblower suits are growing areas for litigation funding.

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