Available Surveys

  • The 2019 Litigation Finance Client Experience Survey: What Clients Want
  • The 2019 Litigation Finance Client Experience Survey: What Law Firms Want
  • The 2019 Litigation Finance Client Experience Survey: What In-house Counsel Want

Validity Litigation Finance Client Experience Survey

August 2019 | $0

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98% of Lawyers Who Previously Used Litigation Funding Would Do So Again, Survey Finds

ALM Intelligence and Validity Finance have published a set of reports on the litigation finance sector. Drawn from the results of a survey conducted in early 2019, polling 330 lawyers in total, the reports provide insight into the status of litigation finance in the U.S. and examine lawyers’ perceptions of legal financing as a mechanism for promoting access to justice, risk mitigation, and profitability.

The survey results are being released in three separate reports: an overview of the complete study, along with results specific to both law firms and legal departments. Key findings in the reports include:

 

  • 93% of law firm respondents who have used funding reported a positive experience and 98% would use it again.
  • 27% of lawyers who have used funding have lingering ethical concerns, the biggest being client confidentiality and privilege.
  • 70% of respondents believe litigation finance is a key disruptor in the legal industry with 50% of respondents believing funding has been used against them.

Methodology

ALM Intelligence and Validity Finance have published a set of reports on the litigation finance sector.Drawn from the results of a survey conducted in early 2019, polling 330 lawyers in total, the reports provide insight into the status of litigation finance in the U.S. and examine lawyers’ perceptions of legal financing as a mechanism for promoting access to justice, risk mitigation, and profitability. The survey results are available in three separate reports: an overview of the complete study, along with results specific to both law firms and legal departments.

About ALM Intelligence

ALM Intelligence, a division of ALM Media LLC, supports legal, consulting, and benefits decision-makers seeking guidance on critical business challenges. Our proprietary market reports and analysis, rating guides, prospecting tools, surveys, and rankings, inform and empower business leaders to meet business challenges with confidence. 

About Validity

Validity provides businesses, law firms and individuals with non-recourse funding for a wide variety of commercial litigation. Founded by litigation finance pioneer Ralph Sutton, Validity believes that capital and legal expertise combine to help solve legal problems on behalf of clients. With a mission to make a meaningful difference in the legal system by focusing on client needs, Validity stands out with a relentless focus on fairness, innovation and clarity.

Access the Report Findings

Complete this form to download all 3 survey results

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