Dai Wai

Dai Wai leads Parabellum’s commercial litigation vertical. He has closed dozens of investments from inception with aggregate capital commitments in excess of $600 million.

Dai Wai is one of three individuals in the US ranked to be Band 1 by Chambers for litigation funding and one of The Legal 500’s eight global “Industry Leaders.” He has also been recognized by Leaders League as one of the leading litigation funding professionals in the US, by Lawdragon as a global leader in legal finance, and by Lexology as the inaugural winner of the Client Choice Award for third-party funding in the US. He frequently speaks and comments on developing issues in the industry, and has written pieces for Bloomberg Law, Law360, Carrier Management, ACC Docket, Corporate Counsel, and The Law Reviews.

Dai Wai also manages Parabellum’s public policy initiatives. He is a member of the US Regional Committee of the International Legal Finance Association (ILFA) and coordinator of ILFA’s global best practices working group, and he has testified before multiple legislative bodies on matters related to legal finance. He also served as one of two industry representatives on the New York City Bar Association’s Litigation Funding Working Group, is a member of the New York City Bar Association’s Litigation Committee, contributed to the Government Accountability Office’s study of litigation funding, is an alumnus of the New York City Bar Association’s Professional Ethics Committee, and participated on the Uniform Law Commission’s Third-Party Funding of Litigation Study Committee.

Prior to joining Parabellum, Dai Wai was a litigation partner at Dorsey & Whitney LLP, where he specialized in commercial and antitrust litigation. Dai Wai has broad experience in all manners of complex commercial litigation, ranging from contract disputes to trade secret misappropriation to securities. He has advised and represented clients ranging from Fortune 100 companies to closely-held family businesses through all phases of litigation. While in private practice, Dai Wai was consistently named a Super Lawyers Rising Star in Business Litigation.

Dai Wai received his A.B., cum laude, from Georgetown University and his J.D. from New York University School of Law. He is active in the Asian American Bar Association of New York, where he is a former board member, Co-Chair of the Judiciary Committee, and Co-Chair of the Litigation Committee. He is also an alumnus and faculty member of the New York City Bar Association Associate Leadership Institute and a member of the New York City Bar Association Litigation Committee.


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The Global Class Actions and Mass Torts Conference is a prestigious international event that focuses on the concept of collective redress, which refers to legal mechanisms that allow a large group of individuals who have suffered similar harm or injury to pursue their claims together as a single entity.

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