Burford Capital is a financial services company that provides specialized finance to the legal market. Founded in 2009, it offers financing to corporate legal departments and law firms engaged in litigation and arbitration,[2] asset recovery and other legal finance and advisory activities.[3][4] It operates internationally with headquarters in Guernsey.
History
Burford was founded by Christopher Bogart and Jonathan Molot in 2009 as a way to fund commercial litigation and arbitration.[5] Bogart had worked as general counsel for Time Warner and operated a venture capital fund, and Molot operated a firm that provided capital to companies at risk of litigation. Burford began as a small fund that initially helped corporate legal departments pay their lawyers' billable hours during litigation.[6]