In an opinion piece for the New Jersey Law Journal, co-authored by Burford's Andrew Cohen, experts in legal finance explain why the new proposed NJ Rule on legal finance is unnecessary and could lead to additional frivolous fishing expeditions. The authors explain: "Absent strict rules curtailing the practice, litigants will pursue every avenue available to them to gain a strategic advantage—and this only increases as the stakes of the litigation rise. Thus, mandatory disclosure of any legal finance arrangement will result in needless fishing expeditions with respect to those finance relationships".
