Litigation Funding news – Page 10
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‘High octane’ approach to claim against international firm is criticised in ruling
Newly appointed lawyers accused CMS partner of ‘hustling’ their clients.
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Defence group reopens lobbying battle on clinical negligence costs reform
Medical Defence Union opens dialogue with government about reducing costs.
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CFAs and statutory bills 'uneasy bedfellows', says Court of Appeal
Commercial firm has lost its appeal against a decision that monthly invoices worth £12.8m were not statutory bills.
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£25,000 NQ boost among White & Case awards
City firm hopes pay rises will underline its position as a 'leading global law firm'.
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Former clients allege solicitors charging millions were ‘aimless’
Court makes procedural rulings effectively allowing claims against firm to continue.
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Society recommends 5.18% pay rise for trainees
Chancery Lane urges firms to consider the recommendation when looking at how much to pay employees.
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LAA 'wasted £400k' due to immigration legal aid cuts
Briefing paper highlights missing data needed to assess whether legal aid reforms have delivered better value for money.
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Insurers hail ruling that credit hire company was the 'real instigator' of claim
Judge finds that credit hire organisation should be on the hook in unsuccessful claims.
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Speed up means test reforms, new government urged
Updated research suggests people living significantly below Minimum Income Standard will have to contribute towards legal costs.
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King's speech: Litigation funders left in limbo
Funders craving assurances since PACCAR ruling are left disappointed as Labour government overlooks sector in initial legislative programme.
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CLC ramps up 'polluter pays' model for ombudsman costs
Chief executive says firms with disproportionate number of complaints should pay more in levy contributions.
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Firm fined £10,700 for over-charging from damages
Firm charged 35% on at least 26 client files when DBA regulations limit deductions to 25%.
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Legal fees add up to £43m in Nigeria arbitration appeal
Court of Appeal granted Process & Industrial Developments Limited permission to appeal High Court ruling - but dismisses it in a short judgment.
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‘Absurd’ £208m claimant costs budget slashed by three quarters
Judges attack ‘eye-watering’ budget in runup to £6bn 'dieselgate' group claim.
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Freezing order over bitcoin libel claim ‘founded on a lie’
Defamation claim 'should never have been threatened, commenced or pursued', judge rules.
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Family legal aid data prompts fresh mediation warning
Solicitor says not all firms are aware of new rules enabling judges to impose costs orders on parties who shun ADR.
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Unpaid litigation funder succeeds in intervention but loses out on remedies
Husband and wife choose not to pursue financial remedy proceedings and there is ‘precious little’ funder, which is now pursing a civil claim, can do.
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Costs judge 'baffled' why retainer disputes still going to court
Court was asked to rule whether 26 disputes invoices should be subject to detailed assessment.
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SRA revises fines regime in anticipation of unlimited powers
Two new bands for serious misconduct will make financial penalties framework 'fit for purpose'.
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Law Society calls on SRA to evidence huge rise in compensation fund levy
Individual contributions will jump by £60 while £660 levy on firms will rise to £2,220 under SRA proposals.