LexShares

10/06/2022

Litigation funding is playing an increasingly prominent role in the construction sector, writes DLA Piper.

The firm examines how these financially burdensome cases are assessed by legal finance firms and how construction companies can obtain outside funding: https://lexshar.es/dla

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In summary, litigation funding can be an extremely helpful alternative source of financing for construction companies which either need financial assistance to pursue claims, or otherwise see the benefit both of offloading the downside risk of litigation and of using third party finance to fund outs...

09/22/2022

We're pleased that LexShares' analysis of the litigation funding market has been featured in Legal Dive. Their coverage highlights why trade secrets disputes can often be attractive to third-party investors. Full story here: https://lexshar.es/legal-dive

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Fewer than 5% of cases meet the due diligence requirements of investors, suggesting a high bar for plaintiffs interested in attracting outside money.

09/20/2022

Which types of cases appeal to litigation funders, and why?

In a first for the industry, "The Litigation Funding Barometer: A Data-Driven Analysis of What Litigation Funders Want" examines data from more than 30,000 federal and state lawsuits using LexShares' proprietary Diamond Mine origination software.

The goal is simple: to help lawyers better understand the funding potential of matters they undertake and, ultimately, equip them to make more informed business decisions.

Get your copy of this brand-new intelligence report today: https://www.lexshares.com/barometer

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06/14/2022

In a new article for Law360, LexShares' own Cayse Llorens and Matthew Oxman explain what required disclosure of litigation funding means for attorneys in Delaware federal court and what it might say about other jurisdictions: https://lexshar.es/disclosure

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U.S. District Court for the District of Delaware Chief Judge Colm Connolly captured the attention of the litigation finance community this spring when he issued a standing order declaring that any litigant receiving non-recourse funding from a third party must disclose that fact, provided the case i...

01/27/2022

The closing of LexShares' $100 million discretionary fund positions our team to continue providing a growing network of midmarket and boutique law firms with strategic financial resources and partnership.

Learn more in Law360's coverage of this latest firm milestone: https://lexshar.es/law360-lmfii

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LexShares Inc. has raised $100 million through an oversubscribed discretionary fund for investing in commercial legal claims, the technology-focused company said Tuesday.

01/25/2022

We're proud to announce the oversubscribed closing of LexShares Marketplace Fund II, a $100 million dedicated litigation finance fund, as featured in Bloomberg Law.

Today's news is a milestone for the LexShares team and underscores further institutional investor participation in our growing asset class: https://lexshar.es/bloomberg

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LexShares litigation funding company closed a more than $100 million fund that it said gives “certainty” for quickly getting capital to law firms and their clients.

12/07/2021

Private equity firms, sovereign wealth funds, and college endowments are among the growing lineup of institutional investors making significant commitments to the commercial litigation finance industry, Bloomberg writes.

One estimate values the global litigation funding market at $39 billion: https://lexshar.es/39-billion

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(Bloomberg) -- Hedge funds, private equity and sovereign wealth funds are piling billions into the outcome of high stakes court cases at a faster rate than ever before.Most Read from BloombergAmazon Sued Over Crashes by Drivers Rushing to Make DeliveriesWhat Designers of Video Game Cities Understand...

11/04/2021

A federal district court held that litigation funding fees incurred by class counsel should not be charged to the class as "traditional litigation expenses" generally would.

The ruling, analyzed here by Akin Gump, followed a novel reimbursement request in which counsel contended that a third-party funding agreement made an "extraordinary" $75 million settlement possible: https://lexshar.es/akin-gump

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Key Points: A federal district court rejected a novel request from class counsel for reimbursement of counsel’s litigation funding expenses. According to the court in Perez v. Rash Curtis & Assoc. , ...

10/14/2021

Alternative asset classes continue to draw press coverage as investors chase returns outside of public capital markets. That includes litigation finance, the future of which LexShares CEO Cayse Llorens recently discussed at an industry summit: https://lexshar.es/imn-2021

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LexShares CEO Cayse Llorens addressed the future of litigation finance investments during a recent industry-focused event.

09/29/2021

A number of legal professional associations have commented on in recent years.

Writing for Law360, LexShares' VP of Business Development & Investments Matthew Oxman covers key ethical takeaways for attorneys whose clients are seeking third-party funding: https://lexshar.es/ethics

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As litigation finance has become more prevalent, various attorney professional associations have produced written analysis of related ethical issues, including the obligations of counsel whose clients are seeking third-party funding.

09/24/2021

"No longer a choice reserved for a select group of sophisticated investors, alternative assets have grown to represent a significant portion of many institutional investor portfolios," writes Preqin: https://lexshar.es/alt-cagr

Visit lexshares.com to learn more about litigation finance, a fast-growing alternative asset class for accredited investors.

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Learn about the alternative assets industry and get a better grasp of its history, future and potential.

09/08/2021

According to a CAIA Association survey, US Pension Funds increased their allocation to alternative asset classes from 8.7% to 15.7% over the period 2001 and 2009 — a sign of institutional investors placing their faith in alternatives: https://lexshar.es/caia

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Alternative Investments have doubled as a share of global asset markets since 2003. They have moved from 6% or $4.8 trillion of the global investment universe in 2003 to over $13.4 trillion, or 12%…