Alternative Litigation Financing in the United States

Issues, Knowns, and Unknowns

Nonfiction, Reference & Language, Law, Litigation, Civil Law
Cover of the book Alternative Litigation Financing in the United States by Steven Garber, RAND Corporation
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Author: Steven Garber ISBN: 9780833050724
Publisher: RAND Corporation Publication: May 17, 2010
Imprint: RAND Corporation Language: English
Author: Steven Garber
ISBN: 9780833050724
Publisher: RAND Corporation
Publication: May 17, 2010
Imprint: RAND Corporation
Language: English

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.

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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.

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