A recent 60 Minutes episode on litigation finance explores how investors are increasingly funding lawsuits in exchange for a share of the settlements. The practice provides financial support for plaintiffs who cannot afford legal costs but raises concerns about ethical implications, potential for frivolous lawsuits, and lack of regulation. The episode highlights both the benefits for plaintiffs and the challenges of ensuring fairness and transparency in this growing industry. Interviews with industry experts and affected individuals offer a balanced view of the opportunities and controversies surrounding litigation finance.
You can watch the episode here.