Ebook: Alternative Litigation Financing in the United States: Issues, Knowns, and Unknowns
Author: Steven Garber
- Tags: Costs (Law) -- United States., Practice of law -- Economic aspects -- United States., Lawyers -- Fees -- United States., Law and economics., LAW000000, LAW009000, LAW011000
- Year: 2010
- Publisher: RAND Corporation
- City: Santa Monica, United States
- Edition: 1
- Language: English
- epub
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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