Westfleet Releases Its Seventh Annual Market Report on Litigation Finance

Westfleet Advisors released its annual litigation finance market report this week, presenting transactional data from 39 US commercial litigation funders. Notably, Westfleet has recognized assets under management (AUM) as an unreliable proxy for annual financing activity for this market. Indeed, the opacity of litigation finance—not only regarding capital allocation, but also deployment—prevents precise quantification of its growth and impact. Still, the Westfleet report provides some potentially useful metrics for assessing year-over-year changes in the litigation finance space.