⁍ A California State Bar committee has addressed lawyers’ ethical obligations on two hot-button issues.
⁍ In recent years, the legal industry has been targeted by data breaches and ransomware attacks.
⁍ The use of third-party litigation finance and the number of funders in the U.S. market have increased.
– Data breaches and third-party litigation funding are two hot-button issues in the legal world, and now California’s state bar has weighed in, Westlaw Today reports. The California State Bar’s Committee on Professional Responsibility issued two advisory opinions, one on the ethical obligations of lawyers in light of recent data breaches and ransomware attacks, and one on the increased use of third-party funding in the legal industry. The opinions note that the use of third-party funding is on the rise, and that lawyers should be aware of their own ethical obligations when it comes to such funding.
Source: https://www.reuters.com/article/californiabar-ethics/california-bar-ethics-opinions-spotlight-data-breach-risks-litigation-finance-idUSL1N2GS2D9