Ethical Issues in Litigation Funding: An Update (RECORDING)

The hardship imposed on the economy by the coronavirus pandemic is ricocheting through the legal industry. Cuts in salaries and partner payouts, furloughs, and layoffs have become commonplace among law firms in recent months. 

Litigation financers are ready to step into the breach with investments to pay attorney fees and expenses related to patent enforcement in return for hefty returns if the litigation successfully results in damages. Due to an inflow of new capital, about 40 commercial litigation funders are now active in the U.S. market, with combined assets under management estimated at $9.5 billion. Those funders also work directly with corporate or university patent owners to pay legal fees. 

The webinar will analyze the many legal ethics issues raised for lawyers by litigation funding, including the question of who controls the litigation; the traditional law of champerty; confidentiality and privilege; disclosure and client consent; and possible conflicts if the case litigator is the one negotiating the funding. Panelists include a law professor who is an expert on legal ethics and litigation finance; the founder of an IP litigation firm that often takes patent cases on contingency and has held many discussions with funders; and a law firm litigator and legal ethics specialist who is hired to assess the ethics risks in funding deals.  

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Ethical Issues in Litigation Funding: An Update (RECORDING)
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4 Questions
4 Questions CLE credit will be available for registered attendees only. If you would like CLE credit for this webinar, please complete the following questions. IPO will apply for CLE for all live programs in the majority of the states that require CLE. IPO will not be applying for CLE in the states of Florida, Ohio, South Carolina, West Virginia, or Texas (attorneys in TX may submit up to 5 hours of self-study credit). Once IPO has received approval from the state(s) CLE boards , certificate(s) of attendance will be available for download from your dashboard.
IL Certificate of Attendance
Up to 1.00 CLE credits available  |  Certificate available
Up to 1.00 CLE credits available  |  Certificate available Illinois has approved this webinar for 1 hour of CLE credit. Only registered attendees that viewed the program are eligible to claim credit. To claim your credit, select “claim credits” and then “view/print your certificate” for your records.
NJ Certificate of Attendance
Up to 1.20 CLE credits available  |  Certificate available
Up to 1.20 CLE credits available  |  Certificate available New Jersey has approved this recording for 1 hour of CLE ethics credit. Only registered attendees that viewed the program are eligible to claim credit. To claim your credit, select "claim credits" and then "view/print your certificate" for your records.