An Important Career Path Alternative

As time has progressed, litigation finance has become a more attractive career path for lawyers who have grown tired of the billable hour.  This industry allows lawyers to draw on their experience while also challenging them to ensure a claim will become a good investment.

According to Steven Friel, a hiring manager at an international firm, it has become increasingly popular for associates and partners, in the prime of their careers, to leave their offices to work in litigation finance.  He says that “litigation funding is seen as a good option for ambitious lawyers on the way up and seeking an alternative route to interesting and challenging legal work.”  He also noted that his firm has received many applications from partners and other top lawyers.

More often than not, the lawyers who attempt to make the jump into litigation finance are individuals who have previous arbitration or litigation experience and are familiar with trying to find a successful legal strategy that will help to ensure a client prevails and an investment is secure.

Also, litigation finance has taken the international market by storm as well and is no longer confined to the United States, Great Britain, and Australia.  While previously it was prohibited by many countries, this is changing.  Now, litigation finance is becoming widely accepted.  Job opportunities are now arising in jurisdictions like Singapore and Hong Kong.

In short, if you want something exciting, litigation finance could be the career for you.  Break away from the stress of litigation and challenge yourself with something new!

 

Keywords: litigation finance, lawyers, popular investment

 

Work Cited:  Caroline Simson, 3rd– Party Funding Now A Top Alternative Choice For Lawyers, Law360 (May 16, 2019)

TownCenter Partner Team

TownCenter Partners, LLC lead Asset Manager is Mr. Roni A. Elias. From modest beginnings, and with the help of a hand-picked dream team of professionals we have built one of the most dynamic and fastest growing companies in the country. TownCenter Partners LLC(TCP) is a real estate partner and master-planner providing development, leasing, management, and third party services. The company’s demonstrated ability to apply big ideas in creative and innovative ways has played a defining role in the firm’s success. Yet, TCP's most important insight has been the core understanding that it is not sight lines or site plans, but human activity, that defines a space and creates a place.