Third-Party Litigation Financing: Ethical Issues for Attorneys | Practical Law
A Practice Note examining the ethical issues implicated by third-party litigation financing arrangements, including how attorneys can preserve their independent professional judgment, maintain and protect a client's confidential information, fulfill their duty of loyalty to the client and address potential conflicts of interest, comply with jurisdiction-specific rules on advancing costs and fees to a client, and satisfy any obligations to disclose the existence of the financing arrangement to opposing counsel and the court.