Everyone in the legal world is talking about litigation finance, one of the most powerful developments in decades. Billions of dollars of capital are now being invested in legal claims, as individuals and businesses get a better chance to vindicated their rights and investors get a share of potentially valuable recoveries. Advocates argue that litigation finance levels the legal playing field and makes it easier for valuable legal claims to go forward. Critics insist that litigation finance is just a “payday loan” for litigants, which allows the wealthy to gamble on meritless cases and to exploit vulnerable litigants.

This book tells the truth about litigation finance, showing where it came from, how it works, and how it’s regulated. It explains that litigation finance is not a threat but rather a new version of a fundamentally importance business practice - helping capital flow to valuable assets. In litigation finance, the asset is a legal claim, and just as the free market helps the best assets win, litigation finance helps the best claims win.

The book also offers a valuable survey of the law surrounding litigation finance and includes extensive guidance about how what separates a successful litigation finance agreement from an unsuccessful one. Roni leads the litigation finance team at TownCenter Partners LLC.