Litigation Funding news – Page 88
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Costs ABS expands as business booms
A ‘buoyant’ costs market has prompted a hiring spree at one of the biggest costs firms. Just Costs Solicitors, which was granted an ABS licence last year, has expanded its 100-strong team with the addition of 30 solicitors, barristers, costs lawyers and costs drafts personnel, its managing director said ...
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Senior judge calls time on conferences
Sir Terence Etherton, chancellor of the High Court, said judges were ‘perplexed’ as to why parties are failing to agree budgets.
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Claimant firm fails to increase 30% success fee
Mrs Justice Slade agreed the defendant’s offer of 30% reflected the ‘real risk’ of establishing negligence.
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Insurers buoyed by ‘fundamental dishonesty’ ruling
Claimant ordered to pay defendant’s costs after judge ruled he had exaggerated injuries.
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Jackson anxiety will be short-lived – Ramsey
Judge in charge of implementing reforms says Mitchell ruling has made firms ‘much more nervous’.
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‘School-leavers only’ pledge by latest ABS
New fixed-fee entrant Riverview Law takes another step into the legal services market.
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Budget delay ‘trivial’, rules High Court
Judge suggests consequences for filing late budgets are now ‘extremely severe’.
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PI claims will return to pre-Jackson levels – defendant firm
Keoghs' director of counter-fraud strategy says not enough has been done to deter the ‘have a go’ approach.
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Insolvency body pleads for Jackson exemption to stay
R3 says research proves small claims against insolvent businesses will be prevented if recoverability abolished.
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Civil courts braced for fee increases
Changes to the upfront court fee for proceedings in England and Wales come into force today.
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Appeal court ‘will not lightly interfere’ in Jackson decisions
Court of Appeal should not have ‘judicial musculature’ as its sole objective, Mr Justice Davis says.
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‘Culture change’ needed to embrace fee-charging McKenzie friends
Consumer watchdog says the access to justice benefits outweigh potential detriment to clients.
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First hearing not a case management conference, says High Court
Claimant’s attempt to apply Mitchell to a directions hearing is dismissed.
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Wasted costs order quashed against ‘no returns’ barrister
A judge has ruled that a barrister whose case was affected by protest action acted entirely properly.
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PI lawyers may turn to arbitration post-Mitchell
Arbitration might be attractive in cases such as catastrophic injury, where lawyers are concerned about courts refusing to admit evidence due to missed timetables.
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QualitySolicitors moves to mediation with fixed-fee deal
Clients will be referred to mediation specialist after tie-up with national network.
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Government confirms court fees increase within weeks
Minister: ‘Courts not immune from the tough decisions we have had to take.’
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Litigation funder hails ‘significant interest’ in UK
Burford Capital says results are sign of ‘continued acceptance and adoption of litigation finance’.
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Costs consultants give pricing a makeover
Two costs consultants have merged to offer what they claim will be a completely different outlook on pricing.
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CoA orders defendant to pay interest on disbursements
Agreement between Cardiff-based Hugh James and industrial disease claimants proper and binding.