Anthony Riem

PCB Litigation

Fraud boutique PCB Litigation may still be relatively small, but it has big ambitions. At the core of those plans is managing partner Anthony Riem and a potentially transformative deal he and his team (notably including partner Trevor Mascarenhas) struck with the world’s largest litigation funder, Burford Capital.

The world-first deal, which completed in June 2020, saw Burford take a 32 per cent equity stake in PCB. It provides the law firm, which converted to an ABS at the same time, with significantly more muscle to penetrate the international disputes market.

This is critical, not only for PCB’s clients but also for the firm itself. Riem is spearheading an ambitious growth and modernisation plan that has already seen it boost total revenue by 65 per cent over the past two years. The signs are that PCB is well set for further top line growth and commercial litigation services expansion in 2021.