Banning Litigation Funding Doesn’t Solve the Problem; It Just Makes Justice More Expensive
I still think of North Carolina as home. I have practiced law in Florida for decades, but I grew up in North Carolina. My family is there. Many of my earliest memories are there. Like a lot of people who leave home, I still pay attention to what happens back where I started.
So when North Carolina just became the first state in the country to effectively ban third-party litigation funding, I took notice. Not because I have any particular loyalty to the litigation funding industry. I don’t. Like many trial lawyers, I have questions about it. Should these agreements be disclosed? Probably. Should outside investors be able to infuence legal strategy? Absolutely not. Are there funding arrangements that deserve greater oversight? Without question.
