Litigation finance will change the way litigation lawyers make money. Litigation finance is introducing a new perspective on legal disputes and how they should be resolved. It is accelerating the evolution of the lawyer to proto-legioeconomist. Their perspective will be grounded in economics and science. Their process will crave algorithms,analysis and modeling.

Litigation assets are proven, prime, high-yield investments. They are plenty and ever-replenishing. Why would any litigator worth his salt not want to invest at least some measure of his wealth in his own litigation assets rather than exclusively take high hourly fees, only to turn his surplus earnings into listed securities that are routinely battered by market malfeasance and pandemics?

None of us are starved for Covid-driven content these days, but Jay Herrington’s article Reinventing Your Law Firm: If Not Now, When? tickled my fancy. Jay evokes a great and powerful image of this troubled time as a positive time for reinvention, re-imagination and (eventually) rejuvenation in the law industry.