THE IMPACT OF THIRD-PARTY LITIGATION FUNDING IN THE LEGAL INDUSTRY:
A DISCUSSION ON THE IMPLICATIONS OF ALLOWING NONLAWYER INVESTMENT IN LITIGATION
The practice of third-party litigation funding is rapidly expanding, and its growth brings substantial financial implications and ethical considerations. Currently standing in a multi-billion-dollar industry in the United States, litigation funding involves nonlawyer investors financing legal proceedings in exchange for a share of the judgment. Some praise its benefits, such as allowing law firms to pursue claims that clients otherwise could not afford, while others stress the ethical concerns of allowing nonlawyer participation in the legal industry, such as conflicts of interest or nonlawyer influence on contested litigation. As this practice becomes increasingly popular throughout the nation and begins to enter South Florida, a pivotal discussion on its current state, regulations, and impact becomes crucial for our local community. This fireside chat aims to delve deep into the nuances of third-party litigation funding, examining its benefits, current regulatory framework, ethical challenges, and implications for the legal profession and justice system.
Panelists
• Jan Jacobowitz, Esq.
• Barry Kamar, Esq.
• David Levine, Esq.
Moderator: Tyler Lowman
EVENT SCHEDULE:
• 6:00 PM – 6:15 PM | Welcome & Introductions by Editor-in-Chief, Symposium Editor, and Moderator
• 6:15 PM – 6:45 PM | Moderator-led discussion
• 6:45 PM – 7:15 PM | Audience Q & A
• 7:15 PM – 7:30 PM | Closing remarks
• 7:30 PM – 8:30 PM | Networking Reception
