Litigation Funding news – Page 13
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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.
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NewsDuncan Lewis takes government to court over legal aid fees
National firm says thousands of vulnerable individuals are eligible for legal aid but struggling to find a lawyer to represent them.
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NewsCourt orders costs budget in £10m injured child claim
Master expresses 'real apprehension' about the way that costs have escalated in RTA case.
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NewsFee boost for court-appointed lawyers in domestic abuse cases
Law Society welcomes fee increase but warns it is not enough to keep domestic abuse advocacy scheme sustainable.
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NewsWife ordered to pay as divorce costs reach 'monumental' £3m
‘Egregious and persistent litigation conduct’ leads to £256,000 costs order.
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NewsNext government must 'recognise the urgency' of PACCAR legislation, funders warn
'If it is to be a Labour government, we know they are very keen on access to justice and victims’ rights,' says trade body.
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NewsCourt allows divorce firm to claim more than costs estimate
Costs judge says client’s unreasonable conduct made it inevitable that the estimate would be exceeded.
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NewsFunders complain of being viewed as 'walking wallet'
Lawyers’ failure to rein in their fees is the biggest source of tension between firms and litigation funders, according to LSB research.
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NewsSRA aims to generate £66m in SQE income next year
Draft business plan and budget shows £36m increase on 2023-24 income due to more candidates sitting the exam.
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NewsMoJ 'troublingly slow' to future-proof legal aid sector
Report identifies several shortcomings in Ministry of Justice and Legal Aid Agency's approach to ensuring people can access justice and sector remains sustainable.
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NewsElection ‘wash-up’ latest: Leasehold reform bill set to pass
Legislation to reform leasehold system likely to go through - but select committees abort inquiries into probate, the county court, and home buying and selling.
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NewsCivil legal aid crisis: Family provider spends £40k a year to triage enquiries
Law Society calls on government to use the study to set fees at a realistic and sustainable level.
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NewsCEO of top litigation funder warns against ‘unthoughtful’ industry reforms
Burford boss Christopher Bogart dismisses fee caps as a ‘dumb idea’ - but the company is comfortable with the looming prospect of regulation.
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NewsNo default costs penalty for failed fundamental dishonesty plea, rules CoA
Court says trial judge was entitled to rule out indemnity costs despite ‘baffling’ allegation.