Category: Business

Third-party funding in Asia: Arrived, and Set to Thrive

Marla Decker | December 11, 2018

Over the last few years, third‑party funding has become a hot topic in Asia. As we previously reported, in 2017, the two leading arbitral seats in Asia, Singapore and Hong Kong, enacted legislation that opened the door to third‑party funding of arbitration proceedings. As well as fundamentally changing the legal framework in those jurisdictions, these developments made third‑party funding a major talking point across Asia. In this article, we reflect on the current landscape for third‑party funding in the region.

Read More

Using Litigation Finance to Close the Gender Gap in Law

Marla Decker | November 29, 2018

The advancement of women lawyers has been a discussion in the legal profession for decades, and one that I’ve followed closely. As a young associate, I was encouraged by the efforts underway at various firms to attract and promote women into senior positions. While women were admittedly underrepresented in leadership roles at law firms, the tide seemed about to shift.

Read More

Turning the Law Department Into a Profit Center

Lee Drucker | November 7, 2018

Perhaps the biggest trend in corporate law departments over the past few years has been the rise of the legal ops function. Ten years ago there were only a handful of law department operations professionals (LDOs), typically only in large sophisticated organizations. Today, about a third of the Fortune 500 law departments have at least one professional in such a role. All these professionals have one thing in common: their job is to bring business discipline to the legal function.

Read More

How Litigation Finance Can End the Partisan Practice of Law

Marla Decker | July 9, 2018

No, I’m not talking about politics. I’m talking about a different partisan divide: the division in the legal-services market between so-called “Plaintiffs’ Firms” and “Defense Firms” and how litigation finance can mitigate the division.

Read More

Litigation Finance Evangelism

Lee Drucker | January 22, 2018

If you have been looking for a niche that will help you attract new business from inside and outside your firm, one of the most promising areas is litigation funding. A wide range of lawyers in your firm need to be able to navigate litigation funding: transactional lawyers need to advise clients on the finance aspects of major litigation; litigators must advise clients who are considering potential claims of the various financing options available to them; and law firm leaders routinely evaluate the security and profitability of the firm’s fee arrangements with clients. Expertise in litigation funding has become a core competence. Being an expert in litigation funding used to be a competitive advantage. http://www.newellis.com/PDFs/2017/NewEllis-030617.pdf. But with the increased availability and acceptance of litigation funding, lawyers’ having experience with litigation funding– and funders—is a necessity and any firm lacking in this area will be at a distinct disadvantage.

Read More

Why did I go from BigLaw to litigation finance? Good question.

Garrett Ordower | September 20, 2017

Since joining the Lake Whillans team this summer, I’ve been asking a lot of questions. To effectively finance litigation our team must completely understand the factual and legal basis for the claim. So we ask questions. But they have to be the right ones — informed by diligent research on the particular case and our legal knowledge and experience.

Read More

Third Party Funding in International Arbitration – Rising Interest, Rising Protections for Funded Parties

Marla Decker | August 1, 2017

Third party funding of international arbitration disputes has been a hot topic for some time, and more and more we see its globalization take hold. Third party funding and international arbitration are a natural fit because of the great risks, high costs, and large amounts at stake in international arbitration disputes. Third party funding allows those costs and risks to be mitigated by the funder in exchange for a share of the potential award. In the past year, we have seen a noticeable uptick in the number of claimants seeking funding for international arbitration claims. (Lake Whillans funds U.S and Canadian litigation as well as domestic and international arbitration).

Read More

Boaz to Deliver Keynote Address at NYC’s Litigation Funding Conference

Lee Drucker | April 27, 2017

On Friday, April 28, leaders of the litigation finance industry will gather in New York City at the 2017 Litigation Funding Conference to discuss the current state of litigation funding, as well as number of other topics relevant to the industry. The conference is a chance for legal and financial professionals to network with others in the industry and learn about the most pressing topics affecting litigation finance today.

Read More

Defense-Side Litigation Funding – In Practice

Lee Drucker | April 17, 2017

Litigation funding is not just for plaintiffs. We, at Lake Whillans, provide defense-side financing using a unique transaction structure. While our approach does not work for all defense-side litigation or arbitration, in the right circumstances, our structure provides for a straight forward transaction that allows a defendant to optimally protect its business.

Read More

Racing to The Start Line: Singapore & Hong Kong Take Steps To Permit Third Party Funding

Marla Decker | February 21, 2017

Recently, the race in Asia has led Hong Kong and Singapore to introduce legislation that would enable the use of third-party funding in arbitrations seated there. Lake Whillans funds litigation and arbitration globally, and we asked Nicholas Lingard, Robert Kirkness and Emily Stennett of Freshfields Bruckhaus Deringer’s international arbitration practice in Asia to detail the recent developments in Hong Kong and Singapore.

Read More
Contact Us


The best way for companies and their counsel to determine if litigation finance is an attractive option is to discuss it with us.