Third-Party Litigation Financing: Ethical Issues for Attorneys | Practical Law

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.

Third-Party Litigation Financing: Ethical Issues for Attorneys

Practical Law Practice Note w-011-9173 (Approx. 16 pages)

Third-Party Litigation Financing: Ethical Issues for Attorneys

by David Riskin, Williams & Connolly LLP, with Practical Law Litigation
MaintainedUSA (National/Federal)
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.