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Champerty |
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champerty n. an agreement between the party suing in a lawsuit (plaintiff) and another person, usually an attorney, who agrees to finance and carry the lawsuit in return for a percentage of the recovery (money won and paid.) In Common Law this was illegal on the theory that it encouraged lawsuits. Today it is legal and often part of a "contingent fee" agreement between lawyer and client. It is not the same as barratry which is active encouragement of lawsuits. (See: barratry) CHAMPERTY, crimes. A bargain with a plaintiff or defendant, campum partire,
to divide the land or other matter sued for between them, if they prevail at
law, the champertor undertaking to carry on the suit at his own expense. 1
Pick. 416; 1 Ham. 132; 5 Monr. 416; 4 Litt. 117; 5 John. Ch. R. 44; 7 Port.
R. 488.
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