Litigation finance can be a powerful tool: claimholders can use it to reduce risk, secure working capital, or bring claims without diverting business resources; investors to diversify their investments into uncorrelated areas; law firms to monetize expected recoveries or to help take on new opportunities; and litigation finance companies can offer unique solutions to businesses and consumers.
To successfully leverage the opportunities offered by litigation finance requires counsel skilled in this nascent field. Our Team serves the needs of litigation finance companies (both commercial- and consumer-focused), claimholders, and investors. We draw on significant and varied experience in the litigation finance space, with counsel who have been involved in dozens of litigation finance transactions involving businesses, consumers, law firms, and large insurers.
Scale LLP’s nontraditional structure and the breadth of experience of our attorneys aligns with litigation funding, allowing for a business-minded and risk oriented approach and flexible fee structures.
DIY Law: Beware of the Legal Template
Many companies use contract templates in their day-to-day operations. When drafted properly and tied to the appropriate use case, templates can be a tremendous time and money saving resource. As outside general counsel to companies of all sizes, the review of existing contract templates comes up quite often. Some clients are looking for an upgrade, while others may be seeking a quick, validating green light or help with a contract negotiation utilizing a template as the foundation. Unfortunately, many templates do not accomplish the intended purpose, or worse.
Under the Corporate Transparency Act, Companies Face New Requirements in 2024
In the ever-evolving landscape of financial regulation and corporate transparency, the Corporate Transparency Act (CTA) has emerged as a pivotal piece of legislation. Enacted in 2021 as part of the National Defense Authorization Act, the CTA will require most new and existing legal entities operating in the United States to file reports with the federal government regarding their beneficial owners. The CTA goes into effect on January 1, 2024, and its key provisions are described below.
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