An article in the New Zealand Lawyer Magazine titled Litigation Funding: Two Different Perspectives talks about litigation funding and how it has grown in New Zealand. It looks at litigation funding from the perspective of the funder and the lawyer. It also talks of the history of litigation funding in New Zealand and Europe.
This detailed article from two of most important parties in litigation funding will shed some light on it being an industry that pushed runaway litigation and frivolous lawsuits. It even goes into areas like conflict of interest, early financial analysis of a claim, and code of conduct. The article will reveal and possibly clear up many misconceptions people have about litigation funding and how it can benefit the legal industry and society as a whole.
