ABA Model Rule 5.4 prohibits lawyers from sharing legal fees with non-lawyers except under limited circumstances like including non-lawyer employees in compensation or retirement plans.
Litigation financing can provide distinct advantages for law firms looking to grow their practice without taking on the risk and expense of a loan from a bank.
Experienced litigator George R. Hendy, Ad.E. – formerly with Osler, Hoskin & Harcourt LLP – joins as Senior Advisor-Quebec to lead Bentham IMF’s entry into Quebec.
Sale of the majority of its US investment portfolio to its US Fund enables company to retain substantial upside exposure to the cases while substantially de-risking its balance sheet.
Bentham Canada has had an amazing 12 months. Chief Investment Officer, Tania Sulan looks back on this whirlwind second year, and to mark the start of her third year in Canada, she shares three reflections and three projections.
Mixing up the two types of litigation financing creates the risk of regulating in the interest of protecting consumers while limiting solutions that level the playing field for commercial enterprises.
The proliferation of litigation funding in recent years has caused some to question whether it should be allowed. However, the reality is that California courts settled that question more than 25 years ago.
In a profession that is notorious for being resistant to change, this survey is a yearly reminder of what in-house counsel deem important as well as a guide of how to tweak your approach to meet client needs.
As the Wall Street Journal reported, established funders have substantial capital, and a number of new investors and funding companies have been entering the market.
