1.

Record Nr.

UNINA9910219978903321

Autore

Garber Steven <1950->

Titolo

Alternative litigation financing in the United States : issues, knowns, and unknowns / / Steven Garber

Pubbl/distr/stampa

Santa Monica, Calif., : RAND, 2010

ISBN

1-282-94047-3

9786612940477

0-8330-5072-9

Edizione

[1st ed.]

Descrizione fisica

1 online resource (68 p.)

Collana

Occasional paper ; ; OP-306-LFCMP

Disciplina

347.73/77

Soggetti

Costs (Law) - United States

Practice of law - Economic aspects - United States

Lawyers - Fees - United States

Law and economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. 47-50).

Nota di contenuto

Introduction -- Overview of this paper -- A snapshot of the U.S. ALF industry, as of early 2010 -- Different meanings of ethics and implications for ALF activity -- Microeconomic perspectives on the current and near-term effects of ALF on litigation -- Policy assessment and the effects of ALF over time -- Concluding comments.

Sommario/riassunto

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.