Litigation Funding Faces Potential Regulation: Industry Leaders Call for Urgent Reform

The potential for increased regulation of litigation funding is on the horizon, with a crucial report anticipated later this year. As discussion on the topic intensifies, Neil Purslow, co-founder of Therium, emphasizes the pressing need to address the ramifications of the Supreme Court’s recent PACCAR ruling before any comprehensive review is conducted. Purslow argues that this decision, which threatens to undermine the sector’s ability to provide essential access to justice, requires urgent attention. This sentiment echoes across the industry, signifying a consensus on prioritizing reforms to protect both the integrity and functionality of litigation funding. Further insights can be explored in the full article here.