In a career move that litigation funders claim is increasingly popular among Big Law lawyers, a top partner at Nixon Peabody in Chicago has joined the ranks of financier Longford Capital Management LP.

Russell Genet joined the Windy City-based litigation funder as a director from his position as national leader of Nixon Peabody’s intellectual property litigation practice, Longford Capital announced Wednesday. Genet will help Longford Capital, formed in 2013 by a group that includes a pair of former Neal, Gerber & Eisenberg partners, select IP cases to invest in and monitor ongoing cases.