Vladeck, Raskin & Clark, P.C. | New York Employment, Labor, and Discrimination Lawyers | <span >Debra L. Raskin Moderates a Presentation by the New York City Bar Litigation Funding Working Group</span >
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Debra L. Raskin Moderates a Presentation by the New York City Bar Litigation Funding Working Group

01/26/2021
On January 26, a panel of New York City Bar experts from the Litigation Funding Working Group met to discuss the group's report on the fast-growing industry of litigation finance.  Led by former City Bar President Debra Raskin and former City Bar Executive Committee Chair Lynn Neuner, the group explored how New York could consider modifying its ethics rules relating to fee-sharing with nonlawyers, particularly Rule 5.4, to allow for access to litigation funding in certain circumstances.  Ethics considerations, best practices, client notice and consent, disclosure pros and cons, issues particular to consumer litigation, regulatory measures in other states, and more were discussed.