Wake Up Call: Litigation Funders Distance Themselves From Thiel

• Critics of third-party litigation funding have pounced on this week’s revelation that PayPal billionaire co-founder Peter Thiel helped fund Hulk Hogan’s lawsuit against Gawker Media, possibly as a means to get his own revenge against Gawker. But litigation funders said Thursday that their own business models are based on maximizing investors’ returns, not revenge or a political agenda. (American Lawyer)

• The OnRamp Fellowship program, aimed at helping women lawyers get back on the job at major law firms after taking years off to raise kids, is expanding into in-house legal departments, with the Association of Corporate Counsel Foundation, and ...