Funding Insights — Article
Chambers Ranks LexShares Among Leading Litigation Finance Firms
LexShares is honored to announce our recognition as a preeminent litigation finance provider by Chambers and Partners. We view our inclusion in the 2021 Litigation Support Guide as a strong testament not only to the performance and expertise of our internal team, but also to the high-quality reputation we have established in the United States legal industry.
Considered the go-to benchmark of excellence in legal industry research, Chambers conducts hundreds of thousands of in-depth interviews to develop independent rankings for various markets and practice areas. In addition to gathering confidential feedback from practitioners and industry peers, the organization uses several criteria to specifically evaluate litigation funding firms, including total assets under management, fund structure, track record, and areas of specialization.
In recognition of our firm’s technology-enabled approach to litigation finance, Chambers has also named LexShares a Band 1 member of its inaugural LawTech Guide. These rankings feature LexShares alongside top innovators supporting law firms, legal departments, and litigants globally.
In its profile of LexShares, Chambers highlighted two factors that continue to distinguish our firm among litigation funders. The first is our technology-powered origination strategy. LexShares’ proprietary Diamond Mine software has helped our team source more than 4,000 new litigation funding opportunities per day, giving us the ability to proactively connect legal clients with the outside capital they require. The platform has indexed nearly 1.1 million cases for evaluation since it was first built by our team in 2016.
Secondly, Chambers pointed to LexShares’ market focus as a key differentiator. Since 2014, our investments team has prioritized serving legal clients in the commercial litigation finance “middle market,” who typically require anywhere from $200,000 to $5 million in third-party funding. This targeted approach equips LexShares to bridge a critical demand gap, as these cases are often considered too small for investment by larger litigation funders.
We offer our sincere thanks to the Chambers litigation support research team as well as the clients who contributed to the development of this guide. We also look forward to upholding our status as a choice litigation funder for U.S. attorneys and law firms.
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