Litigation Funding news – Page 14
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NewsLosses grow at litigation funder despite higher revenue
Augusta Ventures Limited reports £1.4m loss in 2022 as administrative expenses soar.
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NewsNational firm wins costs order over vexatious employment tribunal claim
Judge orders costs of £20,000 to be paid to firm after acknowledging ‘very modest’ solicitor profit costs.
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NewsGuideline hourly rates to rise in 2024, master of rolls confirms
Sir Geoffrey Vos also endorses a more tailored approach to costs budgeting.
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NewsHundreds of ex-clients continue costs fight with Slater and Gordon
Proceedings rumble on but costs judge cites ‘difficulty’ with approach of claims over deductions from personal injury damages.
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NewsSurge in corporate collapses aids litigation funder
Manolete reports sharp rise in income and posts first-half profit as insolvencies climb to a 15-year high.
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NewsAmendment to undo PACCAR judgment 'does not work'
Proposed measure will not reverse Supreme Court’s ruling on damages-based funding agreements.
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NewsDon’t burden victims with disbursement costs, say lawyers
Claimant lawyer group says government is moving to fixed costs at ‘alarming speed’.
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News10% court fee increase to raise £42m a year
Court users should help to reduce the burden on taxpayers, government proposes.
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News'Serious risk' of delay to clin neg fixed costs extension
Procedure rule committee discusses major hurdles ahead of intended start date in April 2024.
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NewsSRA appeals 'astonishing' £5,000 tribunal costs order
Regulator's appeal against SDT costs order is a first, court hears.
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NewsMagic circle firm wins £2m dispute over past and future fees
The firm sued subsidiary companies of its former client over unpaid legal fees totalling more than £2m.
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NewsLegal chiefs urge defence solicitors to keep the faith
Practitioners told legal aid challenge will be heard next month and advisory board will make regular recommendations.
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NewsUpdate clients on cost increases or face sanctions, lawyers warned
Legal ombudsman says clients should never be surprised by the bill they receive.
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NewsIntervenor hit with £20,000 costs for acting unreasonably
Family Division chief sees off ‘chilling effect’ argument to order Association of Clinical Psychologists to pay adverse costs.
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NewsFirm bound by ombudsman-brokered costs deal, court finds
‘Revised’ invoice for an extra £145,000 assessed at nil by costs judge.
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NewsPI claimant beats fixed costs by proving defendant's dishonesty
Case hailed as signal that punitive costs orders not ‘sole preserve’ of defendants.
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NewsCourt rejects 'fishing expedition' for firm's call recording
Former client challenging costs wanted access to recording of their sign-up call.
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NewsFirm wins challenge to out-of-time legal aid cut
Costs judge finds impact of Covid-19 pandemic was greater than legal aid extension allowed.
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NewsFixed fee cuts reversed for duty solicitors in rural Wales
Government relents on 25% reduction which arose from change in location of custody suite.
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NewsBarrister fees for pre-recorded cross-examination to rise 49%
Justice secretary Alex Chalk says increase to £1,000 will help more sexual violence victims testify earlier, away from the 'full glare of a courtroom'.