Jason Levine Featured in Q&A on Litigation Finance and Antitrust Matters
Foley & Lardner LLP partner Jason Levine was interviewed by Legal Funding Journal, sharing his perspective on litigation finance and the antitrust landscape.
Levine discussed how litigation finance is valuable in antitrust cases because it shifts the risk of legal fees and expenses to funders. He added that these cases are well-suited to litigation finance due to their high costs, lengthy timelines, and complex discovery requirements.
On companies pursuing antitrust cases, Levine observed, “Financing can be very attractive because it is non-recourse, permits the company to reserve its legal budget for defensive and compliance matters that are not amenable to financing, and helps convert the legal function from a proverbial ‘cost center’ into a revenue generator.”
He also outlined that antitrust litigators should be paying attention to increased activity at both federal and state levels, proposals for mandatory funding disclosures, restrictions on foreign involvement, and potential taxes on litigation finance.
For attorneys interested in a transition to litigation finance, Levine advised, “it’s important to make contacts at one or more companies and check in with them periodically, because expressing interest in a position and staying top of mind can make all the difference. A warm internal introduction is much more valuable than cold outreach.”