Overview (Program Summary)
Gaining Budget Predictability, and Changing the Cost / Benefit Analysis of Strategically Important Lawsuits
Share this program with others – who will benefit, i.e. :
-- General counsel and legal operations executives who want predictability in their litigation budgets -- Private equity firms that want to take litigation expenses off the balance sheets of their portfolio companies -- Corporate plaintiffs that want to change the cost / benefit analysis of strategically important litigation with competitors Outside litigators that want more flexibility to offer alternative fee arrangements to their corporate clients
If your idea of litigation funding is enabling consumer grievances against business, or helping Hulk Hogan pursue a grudge match against Gawker, this program will change your mind. Over the past few years, litigation funding has become a widespread and critical resource for corporate litigants, and a fundamental management and finance tool that every in-house legal department should know about. Today it is used, for example, in make-or-break patent lawsuits, and by international corporations squaring off against sovereign governments. It allows legal departments to finance their everyday operations more like the other arms of their businesses do, and even to reposition themselves as revenue-generators, not cost centers.
This program will address the basics of litigation funding for commercial parties, including:
- How litigation funding arrangements work, financially and procedurally
- What kinds of cases are suitable for outside funding, and how the underwriting process works
- “Portfolio financing” for law departments and outside firms
- Discovery issues in funded litigation
- Ethical considerations
The interactive discussion will be presented from the perspective of legal executives, litigators, and funders, with your questions and comments welcomed.
Presenters: KENNTH R. EPSTEIN, Investment Manager; Benmtham IMF, HOWARD BROD BROWNSTEIN, President, The Brownstein Corporation & ADAM S. MOCCIOLO, Partner, Pullman & Comley LLC