Breaking News

Legal Financers Prepare to Merge
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

Burford Capital

Summary: Two competing legal financing firms are preparing to join forces to create a bigger, more powerful legal financing company.

Legal financer Burford Capital Limited is planning a merge with their rival Gerchen Keller Capital LLC in a $160 million deal. Combining their firms would produce $1.2 billion in investment and commitments in an industry that continue to grow.


More and more law firms are looking to outside sources to fund litigation. Law firm structures quite often prevent them from investing in long-term litigation that requires expensive technology and data security improvements.

Burford committed $30 million to Hausfeld law firm last year to help them grown their presence in Germany. They also said they are committing $100 million in financing for a number of cases at a undisclosed law firm. Christopher P. Bogart founded Burford in 2009. He is the current chief executive but served as the general counsel for Time Warner previously. They report revenues of $103 million.

Gerchen Keller has $1.3 billion in assets raised from financial institutions, public pensions, family wealth offices, foundations, and university endowments. One of their main financing effort in a case in Britain challenging MasterCard fees. They report an income of $15.4 million this year with the operating profit at $9.1 million.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!

The deal is reportedly a merger of cash, shares in Burford and loan notes plus combined expertise and resources.

Do you think their merger will give them too much power in the industry? Tell us in the comments below.

To learn more about companies merging, read these articles:



Interesting Legal Sites You May Like




Search Now

Mid-level Commercial Litigation Associate Attorney


Seattle office of an AmLaw firm seeks mid-level commercial litigation associate attorney with 3+ yea...

Apply Now

E-Commerce, Privacy and Cybersecurity Associate Attorney

USA-CA-San Francisco

San Francisco office of an AmLaw firm seeks eCommerce, privacy and cybersecurity associate attorney ...

Apply Now

E-commerce, Privacy and Cybersecurity Associate Attorney

USA-NY-New York City

New York City office of an AmLaw firm seeks eCommerce, privacy and cybersecurity associate attorney ...

Apply Now




Job Summary: The Paralegal will be a part of the in-house legal team  and work on a variety...

Apply now

Legal Administrative Assistant


von Briesen & Roper, s.c., one of Wisconsin’s leading law firms, recognized as a “Top Wo...

Apply now

Litigation Paralegal


We are looking for an experienced litigation paralegal in the field of personal injury law who can t...

Apply now

Legal Department Manager


Acclaim Credit Technologies is seeking full time individual for our legal department. Job requiremen...

Apply now


To Top