Is Regulation Of Litigation Funding Sector Inevitable?

An overview of the current regulation of the litigation funding sector in place and whether it is sufficient. 

It is difficult to judge the age of the litigation funding industry in the UK, both because the confidentiality of funding means that it is hard to identify the funded claims, and because of the conceptual issue of how many funded claims it takes to establish an industry.

It is easier to infer the genesis of the litigation funding industry through external, objective data points, such as the dates of key judgments providing judicial sanction for funding, or the incorporation dates of the established funders. The first category points to a date of establishment in the late 1990s. The second category suggests the late 2000s.