Big Law’s acceptance and public embrace of litigation finance is a major milestone, says Justin Maleson of Longford Capital. As one of the first litigation funders in the United States, Longford sports a rich history of litigation finance innovation.
LawDragon.com recently profiled Maleson in a broad discussion spanning Longford’s pioneering start, to how the funder is developing and driving creativity in litigation finance. Maleson underscores that the versatility of litigation finance is similar to a Swiss Army knife, allowing for different use case tools to fit unique situations.
Longford rejects most litigation finance cases presented for evaluation. Hence, Maleson highlights his career as a defense attorney as prime background for assessing the best cases for investment. Maleson also notes that the litigation funding space will continue exponential success, with the right marketing propelling top tier investors.
Maleson attributes Longford’s success to a novel, modern approach to litigation investment. The firm initially sprouted via single claim funding. Today, Longford monetization techniques include sophisticated portfolio products, inventive business development facilities and original defense solutions.
The people behind Longford are what Maleson values most. He claims that if not for the close connections between his peers, the entire innovation and pioneering spirit at the company would be muted.
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