OTHERWISE: Lawyer investor in litigation funding in conflict with client it finances – NY State Bar Assocation

In an advisory ethics opinion the New York State Bar Association has says that RPC 1.8. bars a lawyer with a substantial interest in a litigation finance company from representing a client whose litigation is financed by that company.  This seems right to me.  For access to justice reasons we allow a lawyer to have a stake in the outcome of litigation.  But a significant ownership interest in the financier adds another layer to what is already an inherently conflicted representation. Read the full opinion here.

Source: OTHERWISE: Lawyer investor in litigation funding in conflict with client it finances – NY State Bar Assocation

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