More than 30 years ago I started working with a young partner named Richard Fields at a law firm then known as Howrey & Simon (its tragic demise is its own story), who went from defense lawyer to plaintiffs’ lawyer to litigation finance pioneer with co-founder and lawyer Tim Scrantom. Together they developed one of the first firms in this nascent industry – Juridica, which pioneered the concept of investing in litigation, initially out of London. Since that time, they have both gone on to other things with Tim starting Legis Finance. This past week I caught up with Tim in a special episode of In House Warrior, our podcast for the Corporate Counsel Business Journal. We spent a half hour looking at the history, the current state of affairs and the future of litigation finance. Equal parts historian, philosopher, lawyer and investor, Tim provides extraordinary insight into an industry that has quickly gone from not being understood or imagined to increasingly flooding the market.
Richard Levick
