|
|
|
|
|
by rayiner
3890 days ago
|
|
Are you disagreeing with me or agreeing with me? Lawsuits financed by litigation funders are much higher quality than ones where attorneys are working on contingency. Attorneys working contingency have committed time, the opportunity cost of which may or may not be that high. If they can get away with not investing much time, they might be happy with a small nuisance settlement. A litigation funder, on the other hand, will commit hundreds of thousands or millions of dollars up front. They can hire experts to assess each case, and won't finance a case if they don't think they have a high probability of a significant recovery. And their cost model is such that it makes no sense for them to finance a case hoping for a nuisance settlement. |
|