Lake Whillans and Above The Law have released the results of their fifth annual litigation finance survey which shows that, among other things, firms with 500+ attorneys have the smallest proportion of firsthand experience with litigation finance, and across the board respondents practicing in the telecommunications and technology industries reported the most firsthand experience. Read more.
The team at Above the Law argue that, although the GAO Report on Litigation Funding is a generally helpful and balanced overview of the state of the funding industry, it is unlikely to propel immediate policy changes.
Marla Decker of Lake Whillans shares that another court has held that communications with litigation funders will not effect a waiver of work product protection, assuming the parties take common-sense precautions such as signing a non-disclosure agreement.
Marla Decker of Lake Whillans summarises a recent decision of a New York appellate court on the issue of litigation funding disclosure, and compares the court’s approach to others around the US.
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