P&T Financial recently became a member of Consumer Attorneys of California (http://www.caoc.com) and the first thing I did was to read the “President’s Message” by Christine D. Spagnoli from Greene, Broillet & Wheeler. Her article is titled “On Lilly Ledbetter, a Good Lawyer, ‘Cowards’ and a Needed Conversation.” The Lilly Ledbetter Fair Pay Restoration Act is the first bill of President Obama’s administration, and it came to fruition via Ledbetter vs. Goodyear – a sex discrimination case. The article can be found here.
This article did not catch my attention because of case and how it may relate to Litigation Funding. In fact, the Ledbetter case does not represent a good case example for Lawsuit Funding because of the extended duration of the case.
The case piqued my interest because of the underlying message captured by this portion of the article: “The President’s action should make all consumer attorneys proud. No one would have known Mrs. Ledbetter’s story if it had not been for a group of lawyers in Birmingham, AL, who championed her cause, knowing from the first day she walked into their office in 1999 that they might never be paid for their effort.”
Jon Goldfarb and his firm, Wiggins, Childs, Quinn & Pantazis took a risk, made an investment, not only to make a profit, but to fight for justice. That fight took Lilly and Jon all the way to the Supreme Court and East Room of the White House. It resulted in the creation of a new Federal Act.
Yes, Law Firms are in the business of making a profit and Pre-Settlement Funding companies like P&T Financial (www.PTFin.com) want to make money. But if every once in a while we can level the economic playing field to bring equal justice for all people, not just large corporations, we have done a good day’s work!