Legal Business

The bigger short – third party funding bets on new markets and models

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Historically confined to David vs Goliath claims, a new band of dispute funders are pushing the model into new frontiers. How far can they go?

Hedge fund methodology – the process of using hard numbers to make statistical predictions – is not part of a dispute lawyer’s traditional armoury. Yet the same kind of financial calculation used by banks and asset managers is not just creeping into the disputes market, but threatening to have a significant impact on it.