Preheat oven to 350°.
Cut bacon slices in half and wrap a piece around each liver, tucking the loose ends underneath.
Arrange on a foil-lined sheet and sprinkle with salt & pepper. Bake at 350° for 20-25 minutes.
While livers are cooking, combine figs, sugar, and 1/2 cup wine in a small saucepan.
Bring to a boil; add thyme and salt. Reduce heat and simmer 10 minutes until thickened.
Blend in a food processor to make a thick paste.
Return the fig paste to the saucepan to warm. Slowly add remaining wine until it reaches a spreadable consistency.
When livers are done baking, turn the broiler on for a couple minutes to crisp the bacon.
Serve the bacon-wrapped livers with fig compote for dipping.