The Case For Lawyer-Directed Litigation Funding In NY: Part 1

By Peter Jarvis and Trisha Thompson January 10, 2019, 3:07 PM EST

Law360 (January 10, 2019, 3:07 PM EST) — Last year, the New York City Bar Association Ethics Opinion 2018-5 came to the conclusion that lawyer-directed, nonrecourse commercial litigation funding (or lawyer-directed funding, for short) violates the prohibition in New…