Litigation Funding & The Invisible Gorilla
Ever hear of the psychological experiment known as the Invisible Gorilla?[1] It goes like this: You’re asked to watch a brief video of a group of people moving randomly about in a pack. Several of these people are wearing white shirts and passing a ball amongst...
Gender Inequality: We made some progress on this day in 1971
The road to gender equality is long and tortuous and while we’re miles from our destination, today’s a good day to look back and see how far we’ve come. On this day in 1971, the US Supreme Court, for the first time in its history, applied the Equal Protection...
Want to Know Why Ticket Resellers and Litigation Funders Exist?
Because Bruce Springsteen Cares and Insurance Companies Don't You buy a ticket to see Bruce Springsteen for $150 and then resell it for $350. Why are you able to do this? Because the face value of a Springsteen ticket is artificially low. Bruce could set a higher...
Seek First To Understand, Then To Be Understood
Why You Can’t Trust The New York Post’s Recent Reporting Of The Litigation Funding Industry Over the last several months, the New York Post has run a number of articles shining a light on the darker side of the litigation funding industry. The Post is right to...
Big insurance and its odd affection for litigation funding rate caps
Why does the insurance industry care about rate caps on litigation funding? And why care so much as to put the force of its multibillion dollar lobby behind efforts to get such caps passed? Has big Insurance suddenly gone pro-consumer? Let's explore. Using the most...
7 Points To Discuss With Your Clients Before They Receive Plaintiff Funding
Thinking About “Borrowing” Against Your Lawsuit? Know the deal… Don’t do it until you’ve explored all of your other financial options, including “borrowing” from family and friends. Don’t be surprised if your lawyer tried to talk you out of it. “Borrowing” against...
Litigation Funding and Hotel Club Sandwiches
You settle into your hotel room after a long day of travel and pull out the room service menu. The turkey club is shouting your name. Then you see the price and the shout falls to a whisper. According to TripIndex, a survey of 150 major hotels revealed the average...
The Challenges of Plaintiff Funding
If you are a personal injury attorney chances are you have already had to face the many challenges that plaintiff funding can create. For those of you who are unfamiliar with clients receiving an advance, plaintiff funding is when a client receives a non-recourse...
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