Jul 2, 2021
In this episode of Cut to the Chase:, Eric Schuller, President of the Alliance for Responsible Consumer Legal Funding explains the mechanics of Consumer Legal Funding, sometimes called litigation funding for clients who might be struggling financially while their lawsuit is ongoing. Different then litigation finance that helps cover the costs of litigation, this type of funding goes directly to the Plaintiff to help them cover their expenses and shortfalls that they are seeking to recoup in their litigation. Mr. Schuller also discusses current regulatory issues in the space as well as the ethics behind such funding.