Private Companies Financing Divorce Litigation

The idea in the attached New York Times article sounds really great for many reasons including the prevention of conflict of interest between clients and lawyers. However, as with so many things, the devil is in the details. If you read closely, you will see they are only talking about financing for mega divorces. My feeling is that if you have less than $10 million you need not apply. In those mega divorces, the non dominant parties (often the wife, but not always) can apply to the court for interim or pendente lite fees, attorney fees, and suit expenses. Good judges grant these, it solves the problem and it is available for both the mega divorces and the middle class divorces.

http://www.nytimes.com/2010/12/05/business/05divorce.html?_r=1&src=busln

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