ExploreManifestoBlogDownload KorvaKorva is a scroll of the internet’s best ideas.Biglaw’s Embrace Of Contingency LitigationOriginal Jurisdiction · Episode · 15 ideasAddSpending $60 million on a case that might settle for $40 million is plaintiff-side economics gone wrong.Burford may reject a case with virtually certain liability when damages cannot justify a $10 million funding commitment and return.A valid litigation claim is a corporate asset that can secure non-dilutive financing instead of consuming company capital.A defendant can win with one argument. A plaintiff must prove the entire case, including liability and damages.Government investigations can move slowly while plaintiffs need speed. Litigation-finance payouts can also increase as time passes.The right litigation funder is not necessarily the cheapest. Choose who can handle budget overruns, delays, and settlement.Burford’s public-company structure offers quarterly reports, ten-Qs, and ten-Ks that private funds generally do not provide.Plaintiff lawyers should challenge extension requests. Litigation lasting three, four, five, or seven years serves neither client nor funder.Defense-side experience helps plaintiffs anticipate attacks, draft complaints that survive dismissal motions, and answer nuanced defense arguments.Sophisticated companies expect plaintiff-side firms to match defense-side quality, detail, and attention, intensifying contingency-budget pressure.Cheap litigation can cost you the case and the investment. Efficiency must never outrank litigation quality.Ask of every litigation decision: could this determine victory or defeat? If yes, invest the resources.Show moreDownload Korva
