3 ms·
Just listened to the latest Digital Age podcast and they discuss litigation funding, which sounds like exactly what you need: http://www.youtube.com/watch?v=gd
by joelhaus 15y ago
Just listened to the latest Digital Age podcast and they discuss litigation funding, which sounds like exactly what you need:
http://www.youtube.com/watch?v=gdXO2WgKazM http://www.youtube.com/watch?v=gdXO2WgKazM
They answer some interesting questions about the process and there are obviously some advantages over a contingency arrangement (e.g. counsel gets compensation and thereby incentive to prosecute your case with all of the necessary resources). Here is the description of this program:
The cost of litigation can be catastrophic. Many litigants drop
good cases, or lose their businesses entirely, because they
run out of money. Recently, third parties have appeared to
advance legal costs, in exchange for a piece of the recovery.
But is this new structure illegal? Litigation funder Selvyn
Seidel tells Jim Zirin how funding has transformed the global
marketplace.