There may be tens of millions of dollars of working capital tied up in your legal department. That’s right, your legal department.
A 2021 survey of almost 400 CFOs and senior financial officers reveals that 75% of companies with at least $1 billion in annual revenue had unenforced judgments worth at least $20 million. Nearly one in three had unenforced judgments worth $50 million to $100 million.
Even for smaller companies, the value of unpursued judgments and awards is significant. Burford works with companies from startups to the Fortune 500. And its solutions can be used at any stage of the legal process to finance matters on a single-case or multi-case portfolio basis for both plaintiff and defense matters. By partnering with a legal finance provider, companies can more confidently manage legal cost and risk and add value to the business.
Learn how legal finance experts can help companies identify, evaluate and pursue valuable legal assets to: