The Innovation of Litigation.

Can Lawyers Represent Clients Who Pay Via Crowd Funding? DC Ethics Opinion Says Yes!

In litigation funding
November 29, 2018
1 Min read

In a recent opinion by the District of Columbia Bar’s Legal Ethics Committee, the committee grappled with whether or not attorneys can accept payment from clients via crowdfunding (like gofundme, or kickstarter). In true lawyerly fashion, the committee ultimately said, yes but could not resist qualifying, saying, “the lawyer should consider potential risks associated with receipt of such funds and may counsel the client on the wisdom of publicly sharing confidential information.”

To read more about the opinion, check out this excellent summary from the ABA Journal.

For more about litigation funding, check out our three part series, starting here.

About Trial by Tech

Trial by Tech is a blog brought to you by Baylor Law’s Executive LL.M. in Litigation Management—the first program in the nation designed exclusively for lawyers who aspire to direct effective litigation strategy, control electronic discovery, leverage technology, manage a team, and lead their company’s or firm’s efforts to manage a high-volume, high-stakes docket.

Here, you will find focused discussions on the #innovation of litigation and the intersection of #legaltech and #litigation. If you like what you are reading, many of the posts are authored by experts from the LL.M. program. To learn more, click here.

Have a great idea for the blog? Want to share your thoughts on a recent post? Connect with us on the Trial by Tech Facebook group or on Twitter @TrialbyTech

Read more

July 17, 2019

5 Podcasts on Litigation Funding You Don’t Want to Miss

In Early Case Assessment, litigation funding, Litigation Management
July 17, 2019
6 Min read
17July

Litigation funding has been around for two decades, but most attorneys are still unfamiliar with this innovative way to pay for trial. Here are the top five podcasts to get you up to speed about litigation funding from industry experts. Litigation funding (also known as litigation financing, third party litigation funding, and consumer legal funding) is a concept that has been around for twenty...

Read onRead later
October 15, 2018

No money? No problem! How litigation insurance can help you offset the financial risk of litigation (Part 3)

In Insurance, litigation funding
October 15, 2018
4 Min read
15October

Although Litigation Financing provides an excellent option for plaintiffs who are strapped for cash, it is not the only plaintiff-friendly financial option that is on the rise in the United States. Part 3 of this series previews Litigation Insurance, a rising industry that allows a party financing a suit to insure the outcome of the case and recoup some of their expenses in the event of an...

Read onRead later
October 8, 2018

No money? No problem! Questions every attorney should consider before entering into a litigation funding agreement (Part 2)

In litigation funding
October 8, 2018
4 Min read
08October

Part 2 of this litigation funding series answers potential questions that an attorney would (or should!) ask before entering into a financing contract with a third party. This article offers a counterbalance to what may seem an easy answer to all of an underfunded plaintiff’s worries by raising several issues regarding grey areas, unanswered questions, and ethical pitfalls that may lay in wait...

Read onRead later
October 1, 2018

No money? No problem! The ins-and-outs of litigation funding (Part 1)

In #legaltech, litigation funding
October 1, 2018
3 Min read
01October

In this series, we’ll cover the development of litigation funding and share the necessary tools to decide if it’s suitable for your client’s claim. Part 1 will give a general overview of what is involved in litigation funding and its unique benefits. Let’s start with the basics. What is “litigation funding”? Litigation funding (or litigation finance) is when a third-party, who is unrelated to a...

Read onRead later
The Innovation of Litigation.

Recent Posts

Recent Comments

Archives

Categories

Meta