Large numbers of barristers are struggling with costs budgeting, with some submitting budgets without even seeing the papers, Bar Council research has shown. It also found that barristers are now much more wary of taking work under CFAs.
The president of the Supreme Court has taken the “fairly remarkable” course of forcing two barristers into dropping their claims to success fees in a case which he said again highlighted the “many unsatisfactory aspects” of the pre-Jackson CFA regime.
Newly launched third-party funder Bentham Europe – a joint venture between leading listed Australian funder Bentham IMF and US hedge funds – has hired a leading litigator from Irwin Mitchell as its chief investment officer.
Find A Service
If would like to list your products or services on these directories, find out more here
For many lawyers, successfully navigating a litigation funder’s application process is only a little easier than Jason’s quest for the Golden Fleece. Based on the significant number of applications we have seen so far this year, there are two areas which invariably cause us to reject a matter for financing: quantum and enforcement.