The Effects of Litigation Financing Rules on Settlement Rates

  title={The Effects of Litigation Financing Rules on Settlement Rates},
  author={Laura Inglis and K. McCabe},
  journal={Supreme Court Economic Review},
  pages={135 - 153}
  • Laura Inglis, K. McCabe
  • Published 2010
  • Economics
  • Supreme Court Economic Review
  • This paper uses an economics experiment to examine the affects of litigation financing rules on the settlement of tort claims. In 1983, the Model Rules of Professional Conduct eased the restrictions on attorney-financed lawsuits. Since that time, a number of state bar associations have begun allowing attorneys to pay their clients’ litigation expenses in particular situations. Our experiment compares a situation in which attorneys can fund litigation with one in which the clients must bear all… CONTINUE READING
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