Answers To Key Legal Finance Ethics Questions

Law360 (July 16, 2019, 4:07 PM EDT) -- Commercial legal finance is increasingly recognized as an industry norm. In the U.S. and the U.K., according to 2018 research, a staggeringly high percentage of lawyers say they are aware of it, a majority say they expect their firms or organizations to use it in the next two years, and a small but steadily growing number say they have direct experience using it.[1] It is embraced across the world’s leading dispute resolution centers, and Hong Kong, Singapore and Abu Dhabi have recently joined their peers in permitting its broader use.

Not surprisingly, the growth of commercial legal finance among law firms and...

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