Wake Up Call: Wisconsin Requires Litigation Funding Disclosure

• Litigation finance companies are thriving in Australia and the U.K., but in the U.S. they have come up against tough questions over transparency. Yesterday, Wisconsin’s governor signed a law requiring disclosure of all litigation funding arrangements for civil cases in the state’s courts. The measure, apparently a first in the U.S., got strong support from the U.S. Chamber of Commerce. ( National Law Journal )

• Many of the last decade’s law firm mergers involved larger firms swallowing smaller boutiques. By contrast, 2018 might be shaping up as the year of the “mega-merger,” with three tie-ups creating law firms of over 1,000 ...