The British Columbia Law Institute (BCLI) recently published a Study Paper on Financing Litigation that looks at six financing models that have emerged both in Canada and internationally that can help litigants pay for litigation:
- Unbundled legal services
- Third-party litigation funding
- Alternative fee arrangements
- Legal expense insurance
- Publicly funded litigation funds
The Institute has started a 6-part blog series on the topic. Each blog post will showcase one of the financing models.
Two posts have appeared so far.
It is all part of the BCLI’s Financing Litigation Legal Research Project whose goal is to examine “a myriad of new, upcoming, and unconventional ways to hire lawyers for cost-effective representation, rather than relying on the traditional means of finance which remain out of reach for many people.”