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Litigation funding for high-stakes commercial suits coming | Julius Melnitzer

Friday, April 07, 2017 @ 10:53 AM | By Julius Melnitzer

In a sure sign of desperate times for general counsel and in-house law departments, litigation funding is coming into its own — although it is just starting to make a dent in Canada.

The desperate part is that cost constraints are failing. It’s not that GCs haven’t been trying. The legal press has been awash for some years now with self-congratulatory back-slapping so rampant it risks breaking the collarbone of the backslappers themselves.

At every click or turn of the page, we read of alternative funding...