Falling revenue over the past five years has occurred primarily due the prevailing low interest rates and an erosion of total structured settlement premiums available to convert into lump sums. The industry will experience some growth in the short term, though. Growing interest rates and limited consumer income growth will encourage more consumers to use industry services. Nevertheless, the systemic problems affecting this industry will remain. The crime rate and the number of vehicle accidents will continue falling, eroding the potential market for industry operators.
This industry provides funding to plaintiffs in a lawsuit before the case is in the settlement process. Companies make an investment or cash advancement in lawsuits with a high probability of favorable settlement for plaintiffs. Firms then retain a portion of the settlement amount as a payment for the risk they incurred.
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.