Partner Michael Leffel was quoted in a Law.com article, “What’s Next: A Groundbreaking Lit Funding Transparency Law, and More Pressure on Big Tech Over Privacy,” about the frequency of third-party litigation funding in Wisconsin amid the passing of Assembly Bill 773, which makes Wisconsin the first U.S. state to require the disclosure of third-party litigation funding in civil actions filed in state court.
“[Third-party litigation funding] is something that does not appear to be used that often in Wisconsin at this time,” said Leffel. Although there hasn’t been significant controversy over litigation funding in Wisconsin, Law.com reports the new law is the country’s first step toward uniform transparency rules on litigation funding contracts.
