A sister company to leading volume personal injury firm Minster Law is set to enter the legal expenses insurance market with a promise to price cover more accurately.
Nine legal organisations – including the Child Poverty Action Group and Bar Human Rights Committee – have received grants from Therium Access, the not-for-profit funding initiative from the litigation financier.
Agreements with third-party litigation funders are not damages-based agreements, the Competition Appeal Tribunal has ruled. It also supported the Association of Litigation Funders’ code of conduct.
A law firm which guaranteed clients there would be “no hidden, nasty surprises” could claim over £30,000 in fees from the estate of a deceased asbestosis claimant, the High Court has ruled
The government needs to be sure that allowing hybrid damages-based agreements will not encourage abuse by lawyers, such as speculative litigation, the lead civil servant has warned.
Changes to the damages-based agreement (DBA) regulations, including opening them up to defendants and allowing hybrid DBAs, have been put forward by an independent review.
Burford has launched proceedings against the London Stock Exchange to force it to reveal the identities of market “manipulators” who wiped almost £1.7bn off the value of its shares last month.
The Law Society could maintain a list of solicitors willing and able to act for legal expenses insurers and even negotiate fee levels, the International Bar Association has suggested.