DBAs


APIL and Law Society push for extended QOCS and reformed DBAs

11 September 2018

The Association of Personal Injury Lawyers has called for qualified one-way costs shifting to be extended beyond personal injury and the cap on damages-based agreements to be doubled to 50% for fast-track cases with fixed costs.


Jackson urges Ministry of Justice to abandon DBA caution

5 July 2018

Sir Rupert Jackson last week told justice minister Lucy Frazer that the government was wrong to tread with caution over reforming the regime for damages-based agreements (DBAs). He said there was “no possible reason” why hybrid DBAs were not allowed when hybrid conditional fee agreements were.


“Not unreasonable” for solicitors to switch from DBA to CFA shortly before trial

18 January 2018

Claimants did not act unreasonably in switching funding from a damages-based agreement to a conditional fee agreement shortly before trial, even though the defendants are now facing a much larger bill, a costs judge has ruled.


Funding update: third-party backing for credit card claims, DBA insurance launch and more

1 June 2017

City law firm Humphries Kerstetter has secured third-party funding to launch of a new wave of claims against MasterCard and Visa on behalf of a host of companies. The move follows the firm’s recent negotiation of a series of settlements with the card schemes on behalf of Tesco and WH Smith.


London firm secured third-party funding to bring first group action against VW – and on a DBA

9 January 2017

London law firm Harcus Sinclair – acting under a damages-based agreement and supported by Slater & Gordon – has secured third-party litigation funding to start the first group litigation arising from the Volkswagen emissions scandal.


City minnow’s risk by taking major case on DBA pays off

22 December 2016

A small City law firm that took on a major case on a damages-based agreement is set to receive one of the largest pay-outs yet under this still novel form of funding after the High Court awarded its client nearly £9m in damages and interest.


CJC outlines reforms to make DBAs more popular – but holds back over hybrid agreements

2 September 2015

The Civil Justice Council working party on damages-based agreements has fallen short of calling for hybrid agreements to be allowed, but told the government that if it wants to ban their use, “then it owes it to the legal marketplace to make that entirely plain”. But it did recommend that recoverable costs should be excluded from DBA caps.


Dyson’s “disappointment” as MoJ rules out hybrid DBAs

10 November 2014

Lord Dyson, the Master of the Rolls, has expressed his disappointment after the Ministry of Justice announced that it had “ruled out” the introduction of hybrid damages-based agreements.


Jackson outlines two-pronged strategy to promote DBAs

24 October 2014

Lord Justice Jackson this week called for an end to the indemnity principle and for lawyers to lobby the government on the need for hybrid damages-based agreements (DBAs).


Barristers struggling with costs budgeting, survey finds

19 September 2014

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.

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