Investors

Litigation finance stands out as a consistently high-performing asset class, surpassing traditional avenues like private equity, real estate, credit, and hedge funds.  

Globally, the litigation funding market, valued at $10.9 billion in 2018, is projected to reach $22.4 billion by 2027 with a CAGR of 8.3%. Globally, litigation finance is a mature industry that has been there for a decade now, boasting over $100 billion in investments, with over $10 billion in the US alone.  

In India, the legality of litigation finance was clarified by the Hon’ble Supreme Court in the case titled “Bar Council of India v. A.K. Balaji” (2015). Litigation finance is expressly recognized in the context of the civil courts in the states of Maharastra, Uttar Pradesh, Madhya Pradesh, and Gujrat.   

Contractual disputes dominate legal suits in India, providing predictability and lower risk compared to their global counterparts. In FY20, legal expenses for listed Indian companies were $5.16 billion, with approximately 40,000 CR total legal expenses in India for FY23. The emerging sector demonstrates significant scale and potential. The market, with its improved regulatory framework, solid legal foundations, and low-hanging fruit cases like contractual claims against government entities, is ripe for disruption.


India’s litigation finance industry is on the brink of rapid growth, with increased interest from large foreign TPF funds and private equity. Litigation finance is becoming a valuable risk- and cost-management tool for Indian businesses in arbitration cases.  

JusticeWings Lexpay, as the trusted litigation financier, plays a crucial role, particularly in a legal environment where lawyers are prohibited from charging contingency fees. ​