
GAO’s Report On Litigation Funding: Intriguing, But Unlikely To Propel Immediate Change
The broad-ranging report is a generally helpful and balanced overview of the state of the funding industry, both from a factual and policy perspective.
The broad-ranging report is a generally helpful and balanced overview of the state of the funding industry, both from a factual and policy perspective.
The investigation stems from a request from three influential U.S. senators.
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* Thanks to this Government Accountability Office ruling, the company that cleared NSA leaker Edward Snowden and Navy Yard shooter Aaron Alexis may lose a $210M contract. [Legal Times] * After being acquitted on insider trading charges, Rengan Rajaratnam agreed to settle the civil suit filed against him for a cool $840K. At least he’s not in jail like his brother. [DealBook / New York Times] * Those interested in going to law school may want to know that Philadelphia is purportedly home to some of the cheapest law schools in the country — not Penn Law, though, sorry ’bout that. [Main Street] * Professors at WUSTL Law held a “teach-in” to discuss the Michael Brown police shooting case. According to them, the likelihood Darren Wilson will be federally charged is “slim to none.” [Student Life] * Attack of the aggrieved ex: a man drove a burning pickup truck loaded with explosives into a law firm, destroying much of the building. He had apparently dated one of the firm’s former clients. [Virginian-Pilot]