This episode discusses the newly enacted Consumer Litigation Funding Act in New York, which aims to regulate litigation funding practices. The law introduces a 25% cap on the recovery amount for funding companies and outlines various consumer protections, including clear contract disclosures and attorney responsibilities. The conversation explores the implications of this law on the litigation funding landscape, the economic impact on funding companies, and the overall benefits for consumers seeking legal funding.

See the bill at: https://www.nysenate.gov/legislation/bills/2025/A804/amendment/C#:~:text=Enacts%20the%20consumer%20litigation%20funding,of%20their%20case%3B%20makes%20related