Litigation Funding in Australia - IBISWorld Industry Market Research

Litigation Funding in Australia

Litigation Funding in Australia - IBISWorld Industry Market Research
Litigation Funding in Australia
Published Apr 17, 2015
26 pages — Published Apr 17, 2015
Price US$ 910.00  |  Buy this Report Now

About This Report

  
Abstract:

Litigation funding has been around for more than a decade, but in terms of legal history it is an extremely new development in western law. Historically, champerty – an agreement by a third party to fund a lawsuit in return for a share of the plaintiff's proceeds – has been outlawed. However, over the 20th century, this ruling was abolished throughout Australia. As a result, litigation funding is no longer unlawful, and a new type of legal financier has emerged.

Companies operating in the industry have similar characteristics to financial intermediaries in that they source funds from capital markets for investment into lawsuits.

Firms in this industry fund litigation and earn a commission, which is a portion of the settlement or judgment proceeds. The industry excludes lawyers and any companies providing legal services.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

  
Source:
Document ID
OD5446
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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

  
MLA:
IBISWorld Industry Market Research. "Litigation Funding in Australia" Apr 17, 2015. Alacra Store. Dec 04, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Litigation-Funding-in-Australia-2042-5524>
  
APA:
IBISWorld Industry Market Research. (2015). Litigation Funding in Australia Apr 17, 2015. New York, NY: Alacra Store. Retrieved Dec 04, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Litigation-Funding-in-Australia-2042-5524>
  
US$ 910.00
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