Minnesota Lawyer and Finance & Commerce – Partner Content Author: Kathryn Campbell   Litigation financing is having a moment. Increasing in popularity, litigation financing (also known as champerty) allows third parties to provide funding to the plaintiffs in exchange for a portion of the financial recovery from the lawsuit. While proponents of litigation financing argue that it increases access to justice and decisions on the merits for those with limited financial resources to pursue costly litigation, such funding is not without its concerns.   Champerty was prohibited under Minnesota law until June 2020 when, in the case Maslowski v. Prospect Funding Partners LLC, the Minnesota Supreme Court abolished the state’s long-standing prohibition. 944 N.W.2d 235 (Minn. 2020). In that case, Ms. Maslowski sought litigation financing...