Fellow litigation investor David Desser, the managing director of Chicago-based Juris Capital, said his company typically provides $500,000 to $3 million to fund a case. In return, investors are earning "well in excess" of 20 per cent annually on their overall portfolio. “Given the conditions in the economy, you have a set of circumstances that are pushing both clients and law firms to look for outside investor help,” said Desser. The investing companies say that because they do not take control of the lawsuit from the company and lawyers waging it, their most important task is identifying cases likely to produce a substantial return. That means, for example, rejecting claims that raise novel legal questions or that will probably end up before a jury.
juriscapitalcorp.com
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