Litigation Funding news – Page 97
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NewsPI lawyers propose 18% rise in hourly rates
APIL and the City of the London Law Society give their verdicts on call for evidence.
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NewsCourt of Appeal cites Mitchell to refuse relief
Landmark costs case involving Tory MP starts to filter through the court system.
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NewsCode for litigation funding ‘toothless’, says critic
Calls for tighter rules on an industry now worth £1bn worldwide.
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McNally ‘confident’ on fee ban
Justice minister Lord McNally has stated his belief that the ban on referral fees in personal injury will work. McNally told the House of Lords last week he was ‘confident’ the SRA would deal with any breach if it became apparent a firm’s business model was not compliant. ...
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NewsMoJ cancels plans for meso fixed-fee regime
Justice minister confirms further talks will be held over mesothelioma with insurers, lawyers and claimant groups.
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NewsQualitySolicitors to abandon hourly rate
Fixed-fee move a response to client demand, says founder Craig Holt.
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Long-running legal battle ends with £2 damages award
Firm could have done more to advise directors, but was not to blame for subsequent size of bonus contracts.
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NewsExperts: ‘wriggle room’ gone after Mitchell ruling
Lawyers also express fear of unintended consequences following today’s landmark ruling.
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NewsCourt of Appeal upholds Mitchell costs rule
New hardline approach set out by appeal judges as post-Jackson rules get clarity.
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NewsJudge's fury at ‘eye-watering’ Young divorce case costs
Ex-wife awarded half of husband’s assets but judge is critical of time and costs spent during case.
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NewsGuideline hourly rates survey ‘important for all firms’
Decision on costs to be made next year by master of the rolls Lord Dyson.
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NewsCoA punishes defendant that refused ADR invitation
Post-Jackson clampdown continues with latest Court of Appeal judgment
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NewsRates consultation coming next month, reveals judge
The legal profession has a month to offer its views on guideline hourly rates.
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NewsBattle lines drawn over mesothelioma costs
Personal injury sector at loggerheads over liability for mesothelioma claims.
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NewsRamsey: I'll change Jackson if necessary
Team to review success of costs reforms six months after implementation.
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NewsScotland’s ‘Jackson’ proposes DBAs and QOCS
A review of civil litigation funding in Scotland has drawn many of the same conclusions as Jackson LJ.
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NewsCity clashes with judiciary over budgeting exemption
City lawyers are at loggerheads with the senior judiciary over mandatory costs budgeting
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Commons whiplash inquiry finds for claimants
MPs today warn the government that its plans to cut the cost of whiplash claims will impair access to justice and leave the door open for claims management companies.
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City lawyers plead to keep budgeting exemption
City lawyers are at loggerheads with the senior judiciary over mandatory costs budgeting for high-value commercial cases.
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‘Last chance saloon’ on costs
A leading academic has warned solicitors that judges will grant no more latitude to those who default on their case budgets. Professor Dominic Regan of City Law School told the Liverpool Law Society conference that firms exceeding their budget will be ‘in the deepest of trouble’. Regan, who assisted Lord ...