On Tuesday 16 February, Expansión jurídico published an article analysing the current situation of Litigation Funding in Spain.
Among other issues, it dealt the challenge of adapting the model already consolidated in Anglo-Saxon countries to continental procedural systems, such as the Spanish one.
The article featured the opinion of Mr. Jesús Rodrigo Lavilla, PLA´s CEO, who defined litigation funds as “The new dynamisers of the legal field”, given that they contribute to the dynamisation of the legal sector by allowing the exercise of actions that, on occasions, are not exercised only due to a lack of economic resources, but also due to the fear of assuming all the consequences derived from the total dismissal of the claims.
Read the full article below:
Litigation funding. Large lawsuits boost a new market in the legal field.