Certum Director William Marra writes for The Hill about recent evidence that litigation funding can reduce litigation costs, help resolve cases more quickly, and deter the filing of frivolous lawsuits.
The piece, co-authored by Indiana University business professor Suneal Bedi, responds to some arguments made at a recent House oversight committee hearing on litigation funding. The article reviews a recent economics paper by Harvard and Stanford business professors studying the likely impact that litigation finance has on the cost and duration of litigation. The article also draws on arguments that Marra and Bedi made in their Vanderbilt Law Review article on the positive welfare effects of litigation funding.
