On May 26, 2010, Gregory J. Wallance, Partner in the White Collar Litigation and Internal Investigations Group, moderated a webcast panel discussion on "Third Party Litigation Funding," a new and creative tool for mitigating litigation risks and costs. The panel, made up of lawyers and representatives of major third party litigation funding firms, discussed the opportunities and challenges in transferring litigation risks and costs from parties to commercial investment vehicles.
Topics covered included:
- the nature of litigation funding
- current and forecasted utilization of the litigation funding technique
- ethical and legal issues
- plaintiff-side products
- defense-side products
May 26, 2010