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1. Alternative Litigation Financing in the United States

Author

Garber, Steven and Garber, Steven

Subjects
Lawyers--Fees--United States, Law and economics, Costs (Law)--United States, Practice of law--Economic aspects--United States
Abstract

Alternative litigation financing (ALF)--also known as'third-party'litigation financing--refers to provision of capital by parties other than plaintiffs, defendants, their lawyers, or defendants'insurers to support litigation-related activity. This paper describes the ALF industry as of early 2010 and discusses the legal ethics, social morality, and, especially, potential economic effects of ALF.

Published
2010

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