Therium Chief Investment Officer Neil Purslow sat down with The Lawyer to discuss how funders are broadening their offering away from single case funding towards new areas of law firm financing.

Neil explains that funders’ interest in the legal sector is rising as a result of the emergence of new financing models that offer greater flexibility over pricing and structures for law firms to obtain litigation loans.

As law firms become less conservative and an increasing number of senior partners are breaking out of big law firms to set up on their own, the demand for law firm funding continues to grow.

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