Litigation Funding news – Page 10
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NewsSociety 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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NewsLAA '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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NewsInsurers 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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NewsSpeed 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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NewsKing'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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NewsCLC 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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NewsFirm 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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NewsLegal 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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News‘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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NewsFreezing 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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NewsFamily 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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NewsUnpaid 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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NewsCosts 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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NewsSRA 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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NewsLaw 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.
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NewsSRA liable for £189,000 costs after ignoring its own AML guidance
Tribunal rebuffs regulator's attempt to penalise international firm Dentons after unsuccessful prosecution.
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NewsCourt throws out challenge to 60% damages deduction
High Court dismisses ex-client’s appeal and says costs agreement was binding.
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NewsFirm showed a ‘lackadaisical’ approach to breach of contract
County court judge ponders wasted costs order but says firm's behaviour was not improper.
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News£715m costs battle in warm-up to 'Dieselgate' claim
Three-day costs management hearing will alone run up legal bill of £3.65m.
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NewsSolicitor LiP hit with £11,000 costs bill in possession claim
Conduct 'sufficiently far out of the norm and unreasonable' to make indemnity costs order appropriate.