As Litigation Finance Grows, Law Students Have Opportunity To Get In On It Early - Above the Law

"Law schools spend a lot of time teaching students how to argue cases. Or, maybe more accurately, how to read opinions about past litigations that offer dubious value to their eventual careers marking up term sheets. But in any event, what schools haven't spent much time on is teaching them how these cases get funded."

"Litigation finance is a relatively new industry and schools have only started to come to grips with that reality. Harvard Law School now offers a course on litigation funding and the future of the legal profession and other schools are too - turns out that when an industry hits $16 billion and starts fundamentally reshaping how litigation gets financed, law schools eventually notice."

"At some point, the way to learn how the money side of litigation works is to actually be in the room when funding decisions get made. And there's an opportunity for that now, with the Certum Group's Litigation Finance Fellowship."

"Fellows work closely with Certum's legal, insurance, and finance professionals - analyzing case funding requests, modeling case resolution scenarios, participating in client development meetings, and preparing marketing collateral. It's not a coffee-fetching internship."

Law schools traditionally focus on teaching case argumentation and legal opinions but have neglected instruction on litigation funding mechanisms. Litigation finance has emerged as a significant $16 billion industry that fundamentally reshapes how litigation is financed, prompting law schools to develop courses and programs addressing this gap. The Certum Group's Litigation Finance Fellowship offers law and business students a four-week immersion program providing practical experience in funding decisions. Fellows analyze case funding requests, model resolution scenarios, participate in client meetings, and develop marketing materials alongside legal, insurance, and finance professionals. The fellowship operates as a second-summer program after initial internships, allowing students to gain real-world experience in how capital and complex litigation intersect.

Read at Above the Law