A Developing Trend – Disputes Funding For Corporates

WITH COMMENTARY FROM PETER CASH PARTNER AND LEADER OF NORTON ROSE FULBRIGHT'S AUSTRALIAN LITIGATION TEAM

According to global law firm Norton Rose Fulbright, and as evidenced by the firm's 2016 Litigation Trends Annual Survey, the use of third party funders in commercial (and other) litigation is transforming how major litigation is run in Australia. At Vannin Capital, we are witnessing those transformations first hand.

The Survey* (the largest survey of corporate counsel on litigation issues and trends, with 606 respondents across the globe) highlights an upward trend in virtually all of the metrics relating to litigation and the broader disputes area. In particular, it identifies an increasingly litigious environment, more regulatory disputes, more class actions, more IP disputes and increasing costs of litigation amongst the top ten most important litigation trends observed by respondents in 2016 Survey.