Law Practice,
Ethics/Professional Responsibility
Oct. 9, 2020
State Bar offers ethical guidance on third-party litigation funding
When a lawyer and law firm receive third-party funding, the well-known professional duties to a client can easily become blurred and the need for ethical guidance by the State Bar of California has never been timelier.
Ebony A. Koger
Associate
Murphy, Pearson, Bradley & Feeney PC
Jason E. Fellner
Partner
Fellner Law Group
Legal malpractice
University of San Francisco School of Law
In less than five years, the growth of third-party funding has grown fivefold. A growing market which continues to expand as the costs of litigation rise and firms and solo practitioners seek alternative ways to fund the ever increasing cost of plaintiffs' lawsuits. When a lawyer and law firm receive third-party funding, the well-known professional duties to a client can easily become blurred and the need for ethical guidance by the State Bar of California has never b...
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