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I've never heard the term "venture lawyering" before but it seems apt.

It reminds me of somebody who lawyered up after being denied disability benefits. The lawyer took the case if the client signed over 25% of the payment in perpetuity.

On one hand, yes, they're helping someone resolve the issue without funds to pay for it. But I'm still bothered by the fact the lawyer is either a) cutting deeply into the funds of somebody who needs it because of a true disability or b) is helping someone game the system if they don't need it.



There are companies whose business model is funding litigating in exchange for a percentage of the settlement / judgement.

EG: https://www.vanityfair.com/news/2016/08/peter-thiels-foundat...




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