How Third-Party Litigation Funding Can Help Attorneys and Clients Get Results

TownCenter Partners Litigation Finance

The time and expense involved in litigation has always made it difficult for litigants to persevere through the entire process.  This is especially true for litigants with few resources.  Long-standing common law doctrines such as champerty and maintenance have been applied to prohibit “intermeddling” by third parties who sought to help such litigants by offering financial assistance in return for a share of the recovery. The rationale for this prohibition was that financing by third parties encouraged unmeritorious litigation and could turn the legal process into an instrument for harassment.  But recent developments have shown that third-party litigation financing can provide substantial benefits to litigants and their counsel.  More importantly, it can promote justice by helping sustain meritorious cases that might otherwise never be pursued to their conclusion.

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