Litigation Funding news – Page 15
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NewsFirm's 'unrealistic' estimate of costs was inadequate, judge finds
Senior costs judge found firm’s estimate of costs in professional negligence claim was ‘hopelessly unrealistic’.
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NewsAsset preservation order prompts call for litigation funding review
Case is the first to reach the High Court since the Supreme Court's landmark ruling in PACCAR cast doubt on the future of litigation funding.
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NewsAdaptable lawyers will thrive in an AI world, judge says
Costs lawyers conference hears AI has potential to massively reduce litigation costs.
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NewsFirm fails to block advertising of funder's winding up petition
Disbursement funder says it is owed £2.2m from South Wales firm over cavity wall insulation claims.
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NewsClaimant firm sees off assessment costs order bid
Defendant had tried to argue in court that law firm was ‘real party’ to costs litigation.
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NewsBarristers lose out in ‘all or nothing’ £150k fee claim
Two barristers, one of them a silk, have lost what was described as an ‘all or nothing’ court case in which they sued a former client.
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NewsSociety unveils green paper to fix civil justice
Proposal for online diagnostic tool that 'would save £72m over five years' is backed by ex-senior president of tribunals.
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NewsFirm must pay back client monies after unenforceable CFA
Court of Appeal dismisses all grounds of appeal as conditional fee agreement included ‘success fee that could exceed 100%’.
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NewsLegal funder spirals from £100m war chest to imminent closure
Ignominious ending for funder created to cash in on the post-Jackson boom.
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NewsFirst legal ‘unicorn’ in $552m funding deal
Pogust Goodhead announces litigation funding partnership with US hedge fund Gramercy.
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NewsRosenblatt owner ‘ditching historic baggage’ as profits dip
RBG Holdings offloaded its litigation finance business to refocus on legal services.
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NewsClients seek to force concessions from funders
Leading silk says claimants would have to be ‘angelic’ not to capitalise on PACCAR ruling.
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NewsExpert witnesses protest new 20-page report limit
New rules for fixed recoverable costs extension restrict the length of expert reports.
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NewsFixed costs reforms threaten small firms, concedes government
Department of Health also concedes that clinical negligence reforms could disproportionately hit older people.
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NewsAnonymous litigant barred from bitcoin costs challenge
Appeal ruling is the latest in a series of judgments concerning a claim to be the digital currency's inventor.
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News£80,000 costs bill for litigant who attacked judge’s honesty
Litigant goaded lawyers and questioned their competence in failed personal data claim.
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NewsMonthly invoices were not statutory bills, costs judge rules
Georgian businessman had paid firm £12.8m over six years but wanted right to challenge the sums charged.
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NewsFixed costs on most lower-value clin neg claims from April 2024
New protocol introduced to streamline the process for claims worth up to £25,000.
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NewsSolicitor condemns judges for staying silent on 'woeful' reforms
Law Society conference opened by speech describing ‘truly awful reforms’ and ‘frenzied attack’ on justice.
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NewsJudges criticise Mastercard fees of 70% above guideline rates
Competition Appeal Tribunal says almost £600,000 claimed for four-day hearing could not be justified.