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New York Law Journal on the NYCBA Professional Responsibility Committee's Proposed Changes to Rule 5.4

  • Case law & ethics
April 9, 2024

New York Law Journal writes about the New York City Bar Association Professional Responsibility Committee’s proposed changes to Rule 5.4, with a quote from Burford CEO Christopher Bogart

See here for Bogart's quote, in full: “Burford Capital has always believed that Rule 5.4 doesn’t preclude lawyer-directed legal finance as we practice it. That said, we applaud the New York City Bar Association for responding to strong demand for legal finance and crafting a clarification to Rule 5.4 that removes any remaining questions about lawyer-directed legal finance. The revision here is a common sense, practical one that reinforces what we have known all along: legal finance is beneficial to our legal system and lawyers want and should have access to legal finance.”

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