Product Liability & Mass Torts Digest
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August 7, 2024
|9 min read
Deep Learning Meets Deep Pockets: Artificial Intelligence’s Impact on Litigation Financing
After several decades as a curiosity among computer programmers and science fiction fans, artificial intelligence (AI) is igniting the global economy. Among those enchanted by its seemingly limitless modern applications is the litigation finance industry—an unfortunate product of skyrocketing large-scale litigation costs following the ESI (Electronically Stored Information) Revolution, where third parties invest in litigation for a chance to share in equally inflated judgments and settlements.