Litigation finance allows a third party to cover the costs associated with litigation or arbitration in exchange for a portion of the ultimate award or settlement. Given that this emerging market is booming, and established and new funders are increasingly funding the costs of claimants and their lawyers for all sorts of commercial claims, lawyers should understand ethical and confidentiality issues surrounding litigation finance.
Lucian Pera will moderate a panel discussion via webinar for the American Bar Association on Monday, November 18, which covers the basics of common transactions, the reach and scope of the market today and how to evaluate the legal and legal ethics issues involved.