Litigation funding is when a third-party firm helps a plaintiff to finance their civil lawsuit, in exchange for a share of the potential settlement. It’s an emerging sector with a lot of potential, but its activity in New York is restricted. Over the summer, I wrote an article about this for the Columbia Undergraduate Law Review (CULR) and it just got published! Check it out here:

Litigation Funding: The Case for New York to Revise Section 489
culawreview.org/journal/litigation-funding-the-case-for-new-york-to-revise-section-489

The potential of litigation finance and the current restrictions it faces, specifically with regards to New York Judiciary Law Article 15 Section 489.

Update: It’s been 3 days and for some reason, my article is the first search result when you Google “S489 New York Champerty”! This is really cool, so I’m going to put the screenshot here as a commemoration.