The NYC Bar Association's Working Group on Litigation Funding delivered a long-anticipated 90-page report concluding that funding agreements between lawyers and funders will benefit litigants, and recommending that the legal ethics rules explicitly permit such agreements.
The report also rejected calls for mandatory disclosure of commercial litigation funding agreements in court proceedings.
Please join Validity's Chief Risk Officer, Dave Kerstein, Portfolio Counsel, Will Marra, along with litigation finance experts W. Bradley Wendel Ethics and Law Professor, Cornell Law School and Constantine Karides, Partner at Reed Smith for a webinar to explore the following:
- what does the NYC Bar report means to lawyers today;
- what we can expect from other bar associations across the country; and
- how lawyers can secure funding on behalf of clients during these uncertain economic times.
Watch the recording here.