Litigation Funding news – Page 2
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NewsFirm wins legal aid appeal over 10,000 pages of prosecution evidence
Legal Aid Agency’s determining officer conceded only 882 pages of the 10,000 claimed by Wakefield-based firm.
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NewsCouncil’s costs threat ‘not coercive’, High Court rules
Ashford Borough Council found a ‘pragmatic solution’ by pledging to withdraw its claim if two landowners signed undertakings.
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NewsCouncil and legal advice service clash over proposed rent rise of 562,000%
Council says Waterloo Action Centre, which pays a peppercorn rent, is ineligible for further cash until it signs a new lease.
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NewsCriminal bar in crisis: one in three intends to quit
Half of respondents to CBA survey work over 60 hours a week and overwhelming majority spend weekends preparing cases.
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NewsCFA can apply retrospectively, Court of Appeal rules
Lord Justice Coulson states that agreement does not need to set out specifically that it applies in retrospect.
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NewsNew litigation funder pledges £250m and hires industry heavyweight
Steve Din, best known for starting up Simpson Millar owner, joins North American litigation funder.
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NewsFunding regulation fails to reflect ‘commercial realities’
Class representatives respond to Civil Justice Council review of litigation funding saying urgent reforms are needed.
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NewsFines imposed on SQE provider will fund disadvantaged candidates
SQE Access and Reinvestment Fund pump-primed by £360,000 of 'financial penalties' paid by Kaplan since exam was introduced.
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NewsIn depth: Litigation funding - does the cap fit?
As the Civil Justice Council completes its review of litigation funding, the Law Society’s preference for self-regulation is at odds with the clamour elsewhere for statutory oversight and caps on returns
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NewsRenewed calls for urgent action on PACCAR ruling
Lawyers, funders and academics call for urgent legislation in submissions to Civil Justice Council review of litigation funding.
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News‘Fake Satoshi’ hit with costs bill over AI evidence
Court also agrees to general civil restraint order against bitcoin entrepreneur Dr Craig Wright.
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NewsLAA pays out £21m on 7,000 'inactive' cases
Legal Aid Agency could commence process to recoup cash if providers fail to submit a final bill.
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NewsLaw firms repay millions to failed litigation funder
Administrators of VFS Legal reveal that they are likely to exceed fees estimate of £1.5m.
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NewsBenchmarking survey: Law firms warned to ‘wean themselves off’ client interest as PEP soars
'Real prospect' of firms failing if they remain dependent on windfalls which averaged nearly £500,000 each in 2024.
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NewsNew calls for litigation funding regulation as CJC deadline passes
In most instances, third party litigation funding cases are of more financial benefit to the funder than the claimant, says LSB.
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NewsSolicitor admonished for branding obsessed LiP a 'sociopath'
Litigant said solicitor had hatched a plan to deprive him of his estate and mislead court.
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NewsLSB calls for mandatory regulation of litigation funding
Super-regulator concerned about conduct that 'puts short-term financial gain above clients' interests and duty to the court'.
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NewsSRA awarded £20,000 costs in ‘doomed to fail’ employment claim
Decision follows dismissal of solicitor's claim of age, race and disability discrimination.
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NewsHigh court orders legal aid firm to pay costs in family case
Judge found the firm was ‘negligent’ and failed in its core duties in preparing case.
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NewsHigh-profile costs lawyer will bow out ‘ashamed’ of ‘greedy’ City elite
Jim Diamond says hourly rates charged by City’s richest law firms have reached £1,600.