Litigation Finance and The Grain Miller

The Modern Lawyer

Today’s episode is with Eva Shang, CEO of Legalist, a tech-enabled litigation finance firm with 150 million dollars of assets under management. Legalist uses tech and sophisticated analytics to source and underwrite legal investments, mainly for small and medium size claims. In this episode, Eva talks about her entrepreneurial background as a Harvard dropout, first-time founder, and now a leader in a fascinating niche in the legal industry. We discuss the nuts and bolts of how litigation funding works, its sticky ethical questions, and its implications. Additionally, and in one of my favorite tangents so far on the podcasts, Eva I discuss how today’s lawyers in many ways resemble the grain millers of hundreds of years ago. To quote Eva: “In our current society, power has moved from those who process material goods, to those who process the contracts that govern them.” If you like our discussion, rate us on Apple podcasts. Thanks for listening.