The rapidly growing field of litigation finance could transform the world of litigation for the better, in a whole host of ways. But like any new and innovative area, it presents a number of ethical questions.
I recently attended a conference, Litigation Funding: The Basics and Beyond, at NYU School of Law. Based on the symposium proceedings, I previously wrote about six virtues of litigation finance. Once again drawing on the conference discussions, I’d like to discuss the vices — or if not vices, at least some possible pitfalls or perils that might arise in connection with litigation funding.
