Preparing for the Storm: Unleash Recession-Proof Assets and Shore Up Liquidity with Litigation Finance

If the Great Recession of a decade ago taught us anything, it’s that the economy can deteriorate far faster than even the experts may expect. Recall, for instance, how quickly conditions went from merely recessionary to near-fiscal Armageddon in the few days following the collapse of Lehman Brothers in September 2008.

While another recession may not be imminent, analysts inside and outside the government both say that the U.S. economy will slow in the year ahead. They point to recent market volatility, the expiration of federal stimulus efforts, rising interest rates and increasing business uncertainty as factors that may curtail growth. Accordingly, now is the time for companies and law firms to take prudent steps to prepare for the next downturn. This means undertaking efforts to reduce operational expenses, shore up liquidity, and de-risk critical assets.