Commercial litigators agree that third-party litigation financing, in which a private entity invests in high-dollar commercial lawsuits in exchange for a share of the recovery, is on the rise. What they can't agree on is to what extent these arrangements raise ethical concerns and if so, what measures should be put into place to maintain the integrity of the attorney-client relationship and the goals of the dispute.
Growth of Third-Party Litigation Finance Touches Off Ethics Dialogue
Commercial Litigation Insider
July 12, 2013