- Wednesday, 15 June 2016
Most litigation lawyers say increased court fees have already deterred clients from commencing proceedings, a survey has found. An even larger majority said increased fees would influence clients’ decision-making in the future.
Tags: court fees, damages-based agreements, third-party funding
Posted in ATE/CFA, News, Third party
- Tuesday, 20 November 2012
Surrey practice Stevens & Bolton has become the first UK law firm associate member of the Association of Litigation Funders. It joins nine funders, one overseas funder, two brokers and an individual academic member.
Tags: Association of Litigation Funders, third-party funding
Posted in News, Third party
- 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
- Wednesday, 25 July 2012
Businesses have warned the government that allowing ‘opt-out’ class actions in competition law will spark “a new litigation industry based on funding and pursuing” such cases, as well as introducing a US-style culture.
Tags: class actions, competition law, opt-out, third-party funding
Posted in ADR, News, Third party
- Saturday, 2 June 2012
The government is to consider tightening up the ban on referral fees in personal injury and also introducing statutory regulation of third-party litigation funding, it confirmed yesterday. While rejecting calls to exempt charities and trade unions from the ban, justice minister Lord McNally told the House of Lords that the government would scrutinise amendments laid by solicitor Lord Hunt of Wirral, who told peers that “there is quite an industry out there now, which will be thinking of innovative ways of defeating the intention of both the government and Lord Justice Jackson”.
Tags: Legal Aid Sentencing and Punishment of Offenders Bill, referral fees, third-party funding
Posted in Uncategorized