U.S. Commercial Litigation Finance Shrinks by 16% in 2024, Per Westfleet Advisors Report

In 2024, the U.S. commercial litigation finance industry experienced a reduction in capital commitments for new deals, with a decline of 16% as reported by Westfleet Advisors. This downturn follows a trend initiated in 2023, reflecting an industry contraction of nearly 30% compared to the peak levels reached in 2022. Despite the decline in overall funding, the Am Law 200’s share of the market has grown in relative terms. For more detailed insights into these trends, the full report is accessible through Law.com.