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Sandusky Prosecutor, Penn State Counsel Disciplined

The lead prosecutor on the Jerry Sandusky sex abuse case will be suspended from the practice of law, and an attorney for Penn State publicly sanctioned, for violating the attorney-client privilege during the proceedings, the Pennsylvania Supreme Court ruled Wednesday.

Making Millions Off Others’ Lawsuits: How Litigation Finance Works

For centuries it was considered taboo for a third-party to have a financial stake in a lawsuit. Today, thanks to an industry re-examining the relevance of legal doctrines from feudal times, a new crop of firms have sprouted to invest in lawsuits for profit. The concept, known as litigation finance, has quickly spawned a multi-billion dollar industry that is getting the attention of the country’s largest law firms.

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