The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Guernsey-registered company Burford will primarily target litigation in the US where the market is considered to be more buoyant.
Burford is chaired by Sir Peter Middleton, a former Treasury civil servant who chaired Barclays between 1999 and 2004. The company is led by former Time Warner general counsel Christopher Bogart and former Latham & Watkins senior partner Selvyn Seidel.
The listing will create the largest litigation investment company in the world. Primarily such companies operate in the US market, where the litigation model is believed to be more suited to independent funding.
Nevertheless, the UK funding market is beginning to take hold with a number of firms signing up to delegated authority deals with legal expenses underwriters.
In September Mishcon de Reya launched a range of alternative funding packages branded Mishcon Protect that are aimed at cutting costs by reducing the amount of time it takes to place insurance for a case operating on a conditional fee arrangement (28 September 2009).