Increased Transparency in Litigation Funding Could Aid Policymakers

Calls for increased transparency in the litigation finance industry are being brought by opponents of the practice, with the aim of forcing funders to disclose detailed information around funding agreements that they would prefer to remain confidential. A new op-ed argues that a measured and appropriate level of transparency would enable lawmakers to develop smart policy informed by accurate data and avoid potential issues caused by one party having less thorough disclosure requirements.