Perspective
Nov. 1, 2014
Litigation funding: a needless legal thicket
Time is sometimes said to be money, but the rules governing litigation funding deny the point. By Ragesh Tangri and Dave McGowan
Time is sometimes said to be money, but the rules governing litigation funding deny the point.
To prosecute a case you may advance both time and money (Cal. R. Prof. Conduct 4-210(A)(3)). To obtain a case you may put in time (many pitches involve work product), but not pay money (Cal. R. Prof. Conduct 4-210(A)).
You may not buy the claim itself, though you may obtain a lien on any recovery, creating a prop...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In