Karl Heideck reports that Litigation finance is a growing industry and with good reason. Companies require control over their resources and litigation is something that companies cannot plan for. The idea of litigation finance is to mitigate the risk. Litigation financiers bring some protection to corporate capital which is important for maintaining a successful business model.
Corporations are not the first to use litigation finance. Financing lawsuits is more common for private persons to help finance a claim. Litigation is expensive and this is a way for an average person to bring a lawsuit that may otherwise not be able to afford justice. The fact that companies are now using it really is just a testament to the frightening expanses of litigation in America.
Karl Heideck – Early Years
Karl Heideck completed his undergraduate degree at Swarthmore College outside of Philadelphia. He majored in English Language and Literature at the private liberal arts college. Then, Karl Heideck went to Temple University’s Beasley School of Law where he graduated in 2009. He was a Dean’s List scholar in law school.
Karl Heideck – Today
Attorney Karl Heideck practices law in the Jenkintown, PA area which is just a few miles from downtown Philadelphia. Mr. Heideck practices in several litigation areas including civil and commercial. Karl Heideck also has experience in corporate and employment law as well as intellectual property. Obviously, if you need to hire an attorney like Karl Heideck you may need to look into litigation financing.