State attorneys general (AG) play an increasingly prominent role in enforcing laws and regulations affecting the business community. ILR works with AGs across the nation… Read More
ILR’s newly released research, Grim Realities: Debunking Myths in Third-Party Litigation Funding (TPLF) helps to shine some light on this shadowy—and… Read More
Litigation funders perpetuate the myth that their industry is a benign force that enhances access to justice, suggesting there’s “nothing to see here” when it… Read More
A legal complaint is the initial document filed by a plaintiff to start a lawsuit, outlining the allegations against the defendant and specifying the legal… Read More
In recent years, you’ve probably noticed an uptick in ads from law firms promising big settlements or a quick resolution to your legal troubles. In… Read More
Trial lawyers are spending vast sums of money on television and digital advertising to recruit new clients and influence juries, all in a bid… Read More
WASHINGTON, D.C. — U.S. Chamber of Commerce Institute for Legal Reform Acting President Stephen Waguespack released the following statement today on the discussion… Read More
We’ve previously written about ILR’s recent research paper showing that nuclear verdicts—jury verdicts worth $10 million or more—continue to increase in… Read More
In recent years, the growing trend of nuclear verdicts has captivated headlines. Nuclear verdicts refer to jury awards exceeding $10 million, often in personal injury… Read More
A June 12 hearing titled “The U.S. Intellectual Property System and the Impact of Litigation Financed by Third-Party Investors and Foreign Entities” in the House… Read More
Third party litigation funding (TPLF) allows hedge funds and other financiers to invest in lawsuits in exchange for a percentage of any settlement or judgment. Read More
UPDATE: On June 19, Gov. Jeff Landry signed SB 355 into law. The final legislation will put in place limitations on foreign litigation funding, increase transparency… Read More
FOR IMMEDIATE RELEASE June 4, 2024 WASHINGTON, D.C. — Massive jury awards of $10 million or more—known as “nuclear verdicts”—continue to increase in… Read More