Litigation funding continues its rise in the United States, and trial lawyers representing litigants and seeking funding must walk a fine ethical line. As Lucian Pera notes in a guest piece for Law360 with Michael Perich of Westfleet Advisors, trial lawyers seeking litigation funding for their clients face ethical concerns, namely conflicts of interest.
In their piece, Lucian and Michael explore the divergent interests of lawyers and clients, potential issues with referring a client to a litigation funder and potential ABA Rules of Professional Conduct issues with regard to a lawyer's knowledge of the litigation funding market and deal terms.
Read the full piece on the Westfleet Advisors website or on Law360 (may require login or subscription).