What's Happening?
The LF Dealmakers Forum, a prominent event in the litigation finance industry, recently took place in Midtown Manhattan. The forum gathered key players from the litigation finance sector, including funders, lawyers, and contingent risk insurance professionals. This year's event focused on policy and industry advocacy, featuring discussions on the impact of regulatory activities on litigation finance, particularly in the realm of intellectual property (IP) litigation. Notable topics included the influence of past policy decisions on funder behavior, such as increased disclosure requirements in Delaware, and the potential consequences of proposed tax legislation that threatened the industry earlier in the year.
Why It's Important?
The discussions at the LF Dealmakers Forum underscore the critical role of policy in shaping the litigation finance industry, which is vital for enabling access to justice for litigants with meritorious claims. The forum highlighted the need for industry players to engage in advocacy to counter negative narratives and influence policy decisions. This is particularly important as further legislative actions at both state and federal levels are anticipated, which could impact the funding of IP litigation. The event emphasized the importance of building relationships with policymakers and promoting positive stories about litigation finance to ensure its continued growth and effectiveness.
What's Next?
Looking ahead, the litigation finance industry must remain vigilant and adaptable to potential policy changes. Industry participants are encouraged to advance their projects swiftly to navigate the current regulatory landscape effectively. The release of 'The Litigation Finance Advocacy Toolkit' by LF Dealmakers and Invenio offers practical guidance for professionals seeking to influence policy and public perception. Additionally, the upcoming IP Dealmakers Forum in Austin presents an opportunity for further engagement and insight into the future of litigation finance in IP litigation.
