12/18/2022: Convoy of Life, Litigation Funding, Lourdes
60 Minutes
00:00
The Ethics Rules for Lawyers Aren't for Investors
Litigation funders are not regulated. There's nothing precluding them legally from pressuring a client to settle. The rules of ethics are very clear that the lawyer has to abide by the wishes of the client but human nature is human nature. All of this is happening without transparency. So we have one of the three branches of government, the judiciary, that's really being quietly transformed and there's very little oversight.
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