DBA Working Group Project

DBA Working Group Project

Legis Finance is convening a working group of interested UK law firms to support initiatives designed to encourage broader adoption of damages-based agreements (DBAs) in the UK for appropriate cases and clients. Our ongoing discussions with lawyers in the UK have...
Tools of the Trade

Tools of the Trade

There is a growing realisation among law firms that they are missing a trick: litigation funders are making attractive returns from assets that are the law firms’ domain, and law firms are handing them those returns. In many respects, this is an example of the world...
Financing Law Firms

Financing Law Firms

A fair amount of commentary has been published recently about the opinion issued by the New York City Bar Association’s Professional Ethics Committee (the Opinion) concluding that a popular form of financing for law firms conflicts with Rule of Professional Conduct...
NY Bar Restricts Law Firm Financing

NY Bar Restricts Law Firm Financing

On 30th July, the Professional Ethics Committee of the New York City Bar Association issued a formal opinion that found that Rule 5.4(a) of the New York Rules of Professional Conduct does not permit a lawyer to enter into a financing arrangement with a litigation...