Burford Capital Research Finds Companies Missing Out on Commercial Class Action Recoveries Due to Opt-Out Reluctance
In-house lawyers cite anticipated litigation costs and uncertainty around potential outcomes as the primary reasons their companies choose to remain in the class rather than pursue potentially higher-value individual claims. Legal finance eliminates upfront litigation costs through fees and expenses financing, which 73% of in- house lawyers cite as a key barrier to opting out. Separately, monetization financing enables businesses to convert a portion of anticipated recoveries from pending claims into immedi ...