- Tuesday, 29 January 2013
The government is to introduce opt-out collective actions for competition law claims, but lawyers will not be able to handle them on a contingency fee basis, it announced today. Law firms and third-party litigation funders will also not be allowed to initiate such cases.
Tags: competition law, contingency fees, damages-based agreements
Posted in ADR, DBAs, News
- Monday, 8 October 2012
Lawyers working under contingency fees from next April will not be able to take more than 50% of the damages in commercial cases, the government has revealed. This is contrary to the recommendations of a Civil Justice Council working party it commissioned.
Tags: contingency fees, damages-based agreements, DBA, RTA portal, success fee
Posted in DBAs, Jackson reforms, News
- Thursday, 13 September 2012
So here we are, less than seven months from implementation of the Jackson reforms and the RTA portal extension, and there is an awful lot we still don’t know. We thought that at least the 10% increase in damages was settled – certainly the country’s top judges did. But as we reported last week, they’ve effectively had to admit they acted hastily in deciding as they did by taking the unprecedented (well, nobody I’ve asked has seen this happen before) step of reopening the Court of Appeal ruling in Simmons v Castle.
Tags: contingency fees, damages, damages-based agreements, Jackson report, OFR, outcomes-focused regulation, proportionality, QOCS, qualified one-way costs-shifting, referral fees, RTA portal
Posted in Blog
- Friday, 3 August 2012
Disputes involving larger businesses should be the only category of case not subject to a cap when contingency fees are introduced, a Civil Justice Council working party has said as one of 18 recommendations on how the new scheme should operate.
Tags: CFA, collective actions, conditional fee agreements, contingency fees, damages-based agreements, DBA, employment law, Jackson report, Litigation Funding, personal injury, third-party funding
Posted in DBAs, Jackson reforms, News, Third party
- Tuesday, 17 July 2012
An 11-man working party will meet for the first time today to advise on how to introduce contingency fees for court work in England and Wales. The working party has been set up by the Civil Justice Council.
Tags: Civil Justice Council, contingency fees, damages-based agreements, Jackson report
Posted in Uncategorized
- Monday, 9 July 2012
Implementation of the Jackson reforms is set to dominate the work of the Civil Justice Council in the coming year, its newly published 2012/13 business plan has shown. Its advice to the government on QOCS should be made public this week or next.
Tags: ADR, Civil Justice Council, contingency fees, damages-based agreements, expert evidence, guideline hourly rates, litigants in person, pre-action protocols, QOCS, qualified one-way costs-shifting, self-represented litigants
Posted in ADR, DBAs, Experts, General, Jackson reforms, Latest news, News
- Wednesday, 23 May 2012
Work is needed to determine whether solicitors who offer contingency fees could find themselves on the hook for a successful defendant’s costs, Lord Justice Jackson said last week. He said a working party might be needed to resolve outstanding issues.
Tags: contingency fees, Jackson report, Solicitors Regulation Authority
Posted in Uncategorized
- Monday, 14 May 2012
Alternative business structures may well herald the demise of hourly billing as legal practice becomes even more competitive, the Master of the Rolls has predicted. Contingency fees and price comparision websites will also play a role.
Tags: ABS, Alternative business structures, CFAs, conditional fee agreements, contingency fees, damages-based agreements, fixed fees, hourly billing, price comparison
Posted in General, Jackson reforms, Latest news, News