For good reason, Third-Party Litigation Financing (“TPLF”) and its offshoot, Third-Party Medical Funding (“TPMF”), are hot topics in litigation. Plaintiffs in personal-injury cases now secure the services of third-party litigation funders that promise to provide plaintiffs with medical services from doctors within the third-party funder’s “network” of providers. However, it is safe to say that despite efforts from defense bars across the country, third-party litigation funding continues to thrive. Some third-party medical funders seek to drive up the medical specials, particularly if its recover is directly tied to medical expenses. 2020-204 (Oct. 1, 2020) (available at: http://www.calbar.ca.gov/Portals/0/documents/ethics/Opinions/Formal-Opinion-No-2020-204-Litigation-Funding.pdf); ABA Resolution; Best Practices for Third-Party Litigation Funding (August 2020) (available at: https://www.americanbar.org/content/dam/aba/directories/policy/annual-2020/111a-annual-2020.pdf).

Source: New York Times January 13, 2023 23:53 UTC