Client Conversations with Bill Farrell
With early family roots as coal miners in Pennsylvania, Bill Farrell’s father was able to go on to become president and CEO of one of the largest U.S. trade organizations. By watching his father’s success in both business and family matters, Bill was able to learn lessons and emulate a goal of integrity, self-reliance, and humility. Bill went on to have a successful law firm career but had a significant career and life experience when he became a criminal prosecutor in Cook County, Chicago, Illinois. While regularly trying murder cases, he learned that nothing is as simple as it might seem; people and situations are complex. He later transitioned his people-listening skills and strength in understanding client motivations on a very personal level into his commercial litigation work and later in his role as managing director and general counsel at Longford Capital, a litigation funding company.
Bill is responsible for the overall operations of Longford Capital, with a particular focus on transaction sourcing, investment selection, and portfolio management. He is an accomplished attorney with more than 20 years of complex litigation experience, including extensive trial and appellate experience as both a government prosecutor and partner in the commercial litigation departments of two prominent national law firms--Neal, Gerber & Eisenberg, LLP and Gardner, Carton & Douglas, LLP (n/k/a Drinker, Biddle & Reath, LLP). Bill earned a Bachelor of Science degree from Indiana University Kelley School of Business and a law degree from the University of Notre Dame Law School. Longford Capital provides capital for use by companies, leading law firms, universities, governments, and other entities in connection with legal claims with $25 million to more than $1 billion in controversy. It is a private investment company that invests in commercial litigation believed to be high value and meritorious. It provides capital to (1) companies to pay attorneys’ fees and expenses incurred in litigation and (2) invest in portfolios of cases managed by leading law firms. If the litigation is successful, Longford Capital is paid back its investment plus an agreed-upon return. Listen to how Bill’s early pathway as a criminal prosecutor helped shape his litigation investment career at Longford Capital.