Financial Strains in Mass Tort Litigation

This chapter examines the financial difficulties law firms encounter in mass tort cases, particularly the need to refinance under challenging conditions due to lengthy litigation processes. It discusses the reliance on litigation funders and the evaluation criteria they use, as well as the challenges posed by high-profile cases against companies like Johnson & Johnson and Bayer. Additionally, it highlights the impact of inexperienced firms entering the market and the associated risks of handling low-quality cases amid a complex legal landscape.