Fifteen years after its launch, Burford Capital has transformed litigation finance from a niche concept into a mainstream financial strategy. Co-founder and CEO Chris Bogart recalls how the company initially had to persuade lawyers to accept funding for promising cases, but today, Burford is publicly traded and part of a broader trend where multi-strategy investment firms like Fortress and D.E. Shaw invest heavily in litigation assets. Burford’s success can be traced to key partnerships, such as one with Simpson Thacher’s Barry Ostrager, and a proactive media strategy that demystified litigation finance. Bogart highlights how the industry has matured, attracting more litigators and offering them an alternative to traditional law firm careers. As litigation finance continues to grow, Burford remains at the forefront, helping reshape the legal and financial landscape.
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