Pay to Play or Get Rich Quick: A Look at Litigation Finance in the United States.

Authors

Austin Rucker

Abstract

Litigation Finance is a practice in which financial investors purport to help individuals gain access to the court system. While nearly all litigation investors claim to be funding a noble cause, there is no denying that these investors are profiting from lawsuits. This article addresses the practice of litigation financing in the United States by analyzing state and federal laws regarding the practice and by using empirical data to determine whether litigation financing has in fact increased access to the courts. It concludes that regulations in the practice of litigation financing are absolutely required and that perhaps access to the courts has not increased despite the litigation finance industry’s exponential growth in the recent years.

First Page

332

Recommended Citation

Austin Rucker, Pay to Play or Get Rich Quick: A Look at Litigation Finance in the United States., 7 Bus. Entrepreneurship & Tax L. Rev. 332 (2024).
Available at: https://scholarship.law.missouri.edu/betr/vol7/iss2/11