Evolution and Strategy of Legalist

The chapter delves into Legalist's growth from a small fund to a billion-dollar asset management firm by attracting dissatisfied investors in litigation finance through a unique pool investment strategy. They discuss their approach to funding appeals, evaluating cases, and de-risking through preliminary motion hurdles, avoiding unpredictable patent cases. The conversation also explores their innovative data-driven approach to origination through warm connections and analyzing cases from judicial websites across states.