Litigation Funding news – Page 28
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Claimant loses £49k damages as High Court overturns ‘injustice’ finding
County court had ruled that fundamentally dishonest claimant was due some money.
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Civil Justice Council kicks off 'holistic' review of costs
Costs budgeting, fixed recoverable costs and impact of digitisation all under the spotlight.
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MoJ to fast-track criminal legal aid fee increase
Government announcement comes three days after criminal barristers commenced strike action.
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Government to pay ‘reasonable fees’ of Post Office claimants
Minister says he wants to allay any concerns that victims of Horizon scandal will have to meet their own legal costs again.
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Sanctions on strikers 'could be unlawful'
Criminal Bar Association highlights ECHR defence against any application for wasted costs or disciplinary action.
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Irwin Mitchell did not have consent for £28,000 deduction, court rules
Costs judge says that £240 per hour charged for a Grade C fee earner was 'clearly unreasonably high'.
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Litigation funder jointly liable for indemnity costs, court rules
Therium should be jointly and severally liable for indemnity costs, judge says.
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Criminal bar reassured over disciplinary proceedings risk
Hundreds of barristers expected to participate in first court walkout next week over government's legal aid reforms.
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Court rejects claim that instructions of counsel create conflict
But costs judge does penalise firm for running up costs in most expensive part of the country.
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Women lawyers pessimistic about pay equality
Fresh analysis of law firm data suggests it could take several more decades to close gender pay gap.
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Silks accuse LCJ of 'intimidating' lawyers over court walkouts
QCs say independent office of lord chief justice risks being seen as doing job of a partisan enforcer for the government.
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Mishcon awarded interim £1.9m after ‘negligence’ win
London firm fought off £65m claim over collapse of multi-million pound property development deal.
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Law firms making ‘wildly inflated’ costs claims, standards body finds
Analysts say costs are now an ethical issue and that firms need specialist help.
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Insolvency funder blames Covid measures for profit slump
Manolete Partners says pandemic insolvency restrictions created ‘very challenging trading conditions’.
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Axiom solicitor hid ‘ill-gotten gains’ after call from reporter, court hears
Timothy Schools, 61, said to have received ‘just over £19.5m’ from the Axiom Legal Financing Fund.
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Client ordered to pay firm’s fixed fee despite matter falling through
Judge says solicitors would not have 'bet the firm' on being paid solely on a contingency basis.
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Ed Sheeran and co-writers awarded £900,000 interim payment
Judge rejects losing party’s costs argument in Shape of You copyright case.
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Football box was a business expense, Axiom fund solicitor tells jurors
Timothy Schools tells court that £45,000 Blackpool FC box was for ‘corporate hospitality’.
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Firms warned over loan advice
SRA continues to investigate complaints relating to firms that arranged client loans from Novitas.
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LiP support service under threat after government cuts funding
Support Through Court must raise £400,000 or face closing some of its regional doors.