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Judges weigh in on legal finance disclosure

  • Case law & ethics
June 19, 2024
Andrew Cohen & Danielle Cutrona
Andrew And Danielle

Summary

Judges at a recent ILFA conference in New York recognize that mandatory disclosure of legal finance is unnecessary and would hinder the efficiency of businesses pursuing their claims.

The disclosure of legal finance is a topic frequently covered by industry press, in no small part fueled by the scare-mongering of industry critics who argue that it is merited on the basis of hypothetical alarms ranging from the unlikely to the ridiculous. Thes…

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