Ethics/Professional Responsibility,
Law Practice
Oct. 9, 2020
State Bar offers ethical guidance on third-party litigation funding
When a lawyer and law firm receive third-party funding, the well-known professional duties to a client can easily become blurred and the need for ethical guidance by the State Bar of California has never been timelier.
Jason E. Fellner
Partner
Millstein Fellner, LLP
Legal malpractice
University of San Francisco School of Law
In less than five years, the growth of third-party funding has grown fivefold. A growing market which continues to expand as the costs of litigation rise and firms and solo practitioners seek alternative ways to fund the ever increasing cost of plaintiffs' lawsuits. When a lawyer and law firm receive third-party funding, the well-known professional duties to a client can easily become blurred and the need for ethical guidance by the State Bar of California has never b...
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