Day: August 31, 2020

Lawyers’ Group Approves Best Practices to Guide Litigation Funding

Lawyers’ Group Approves Best Practices to Guide Litigation Funding

August 31, 2020

The policymaking arm of the American Bar Association (ABA) recently approved a set of best practices for litigation funding arrangements.  Litigation funding is an increasingly popular technique in which investors finance lawsuits in which they are not a party against companies – often insurers – in return for a share in the settlement. It contributes to “social inflation” – rising […]

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