Litigation Finance Industry Faces Challenges

The litigation finance industry, valued at twenty billion dollars, is grappling with a challenging year. With hedge funds and investors pulling back, many firms are struggling to raise new funds or find alternative cash sources. This industry, which supports everyday people and workers against corporate wrongdoing, faces regulatory hurdles, smaller payouts, and prolonged trials. In the UK, new rules are being considered, while in the US, a tax bill threatens the industrys profits. Firms are adjusting their business models, with some pausing fundraising and others merging portfolios to cut costs. The industrys future hangs in the balance.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.