Pioneering. The Legis vision was forged through years of involvement at the highest levels of alternative litigation finance (ALF). Legis was founded by pioneers and leaders in the ALF and alternative investment fields. Collectively, we have over 30 years’ experience in the finance and business of law, and we enjoy a long history of working together. Tim Scrantom conceived and co-founded Juridica Investments, and his long-time law partner Frederick Dulles was General Counsel to the Juridica Group and a director of its management company. Tom Stoughton, a lawyer with distinguished careers in law and investment banking, has worked with Tim on numerous investment banking initiatives in the law markets over the past thirty years. Together they launched businesses ranging from the largest Immigrant Investor Visa Regional Center in the world (American Export Partners) to a pre-9/11 financial services due diligence company in London, in partnership with the Lexis-Nexis group (NobleStreet).
Inventive. It takes market experts to identify and execute the Legis strategy, which is likely to disrupt current ALF markets. Our goal is not to simply invest in claims or law firms; we want to change the way the industry operates. We will build a buyers’ market where investment choices, options and transparency are the order of the day. Legis provides independent advice on ALF structuring and investments as well as insurance solutions to litigation-risk problems. We validate claim investments that we underwrite by co-investing in them or providing premium finance for insurance products. But, like traditional merchant banks, we offer intermediary services to our clients. Through affiliates we also provide principal-side investments, proprietary insurance products, and premium finance.
Unique. Legis is unique in the ALF market not only in approach and business model, but in composition. Unlike most ALF suppliers that are managed by litigators-turned-fund managers, we offer a new breed of professional and a new professional discipline, one that blends the skills and analytical tools of law, finance and investment banking. We have advised many of the largest law firms, asset managers, and foundations in the world, but our focus is on commercial claims prosecuted by leading law firms and select clients of those firms. We are the first, and for now the only, merchant bank in the litigation finance space.
Partnership. Legis is a partnership of expert lawyers, investment bankers, and analysts focused exclusively on designing and arranging creative financing structures that optimize claim investment profits through calibrated exposure to commercial litigation risk opportunities. We partner with law firms and their clients to make and manage investments in commercial claims in litigation or arbitration around the world. We also help them optimize returns on investments through investment-risk mitigation, whether through innovative structuring, insurance, or derivatives. In most instances, we invest alongside our clients and a long list of capital partners who rely on Legis for quality exposure to the ALF markets.
Our focus is global: large commercial claims and disputes in litigation or arbitration in Commonwealth and common law jurisdictions around the world. Legis Finance Ltd. is a Washington, DC-based enterprise with offices and affiliates in New York, London, Atlanta, and Charleston.