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August 5, 2026

After years of work by the NC Chamber and the NC Chamber Legal Institute, North Carolina has made history as the first state in the nation to fully ban third-party litigation investment (TPLI), a multi-billion-dollar practice in which outside investors fund lawsuits in exchange for a share of the outcome of the case. Join the NC Chamber for a timely conversation on what this landmark legislation means for your business.  

This webinar will explore why reform was needed and what it means for North Carolina’s legal and business climate, including the protections it now affords companies operating in the state. Panelists will also discuss where other states stand on this issue, and what they anticipate the national legislative landscape will be in the months ahead.  

This one-hour discussion brings together the advocates, legal experts, and business leaders who know this issue firsthand. Attendees will walk away with a clear, practical understanding of the new law and what it means for their business. Q&A will be provided if time allows. 

Agenda

Wednesday, August 5
3:00 pmNC's New Third-Party Litigation Investment Law: What Businesses Need to Know

Panelists:  

  • Pat Brown, Executive Vice President and Chief Legal Officer at SAS 
  • Chris Smith, Partner at Smith Anderson and Chair of the NC Chamber Legal Institute Board 
  • Stephen Waguespack, President of the U.S. Chamber Institute for Legal Reform 
  • Ray Starling, President of the NC Chamber Legal Institute and General Counsel for the NC Chamber (Moderator)