NLJ columnist Roger Smith, former director of JUSTICE, looks at the area of third-party litigation funding in this week’s issue. It’s an area that has been subject to rapid change, now providing funding to the tune of more than £2bn.
Currently, EU regulatory proposals are causing concern in the market. What regulation should apply? What potential concerns does this commercial practice create?
Smith writes: ‘Third-party funding is part of prudent commercial practice. Nothing is necessarily wrong with that. But we have to acknowledge that law, justice and the courts are being commoditised.’ See p6.
See Roger Smith's opinion piece in full here.RELATED ARTICLES
