Litigation Funding news – Page 2
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NewsTribunal slashes SRA costs over ‘inordinate’ number of lawyers
Regulator applied for £42,600 costs for 'very straightforward' SDT strike-off case.
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News focus: Guideline hourly rates - ending the big freeze?
The Civil Justice Council has unveiled its long-awaited report on guideline hourly rates. Clarity is to be welcomed but after a decade-long freeze it could be a while before solicitors reap the benefits.
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Lawyers hail 'watershed' appeal court ruling on DBAs
Experts say drafting flaws may have been ironed out by new ruling on enforceability of agreement.
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Law Society challenge prompts LAA to consult on court-assessed bills
Chancery Lane began judicial review proceedings after agency wanted to bring assessment in-house.
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Legal aid: Society calls for Scotland-style emergency uplift
Commons justice select committee told urgent changes are needed before Bellamy review reports to government.
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CJC recommends ‘modest’ Guideline Hourly Rate rises
Law Society says review is ‘long overdue’, but warns recommendations must be considered in context of other civil justice reforms.
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Court denies relief for costs default during first lockdown
Defendant in PI claim fails with application to have default costs certificate set aside.
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Experts cautious about further reform of personal injury market
Working group considers issues of fixed costs, unmeritorious cases and litigants handing their own claims.
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SRA reveals £1m shortfall on five most expensive prosecutions
Regulator claimed more than £100,000 costs but was awarded far less by the tribunal.
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Supreme Court green light for £14bn Mastercard group action
Claim on behalf of 46 million consumers remitted to Competition Appeal Tribunal after court dismisses card issuer's appeal.
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White solicitors 'earn a third more' than BAME colleagues
Law Society report highlights career barriers and recommends blueprint for law firms to drive equality.
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Court grants 35% uplift on guideline rates ‘as a starting point’
Judge says rates being charged in north west litigation bear no relation to reality.
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‘Lawyers aren’t a charity’: Family judge awards £60k incurred costs
Court says client should not be beholden to lawyers over unpaid costs.
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Master warns of tougher line on rogue costs bills
Courts are taking the view that bumped-up costs must be sanctioned - not just disallowed.
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Niche litigation funder celebrates bumper lockdown
Insolvency specialist predicts busy caseload after furlough scheme ends.
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Insurers face costs bill for Swift v Carpenter fight
Claimant had beaten her own without prejudice offer and a Part 36 offer from opponent.
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Court of Appeal rules solicitor was ‘winner’ in £50k costs battle
Latest ruling in dispute between two solicitors going back at least seven years.
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Lawyers denied CFA fees after failing to act in client’s best interests
Law firm had sought to recover fees after client did not authorise issue of any proceedings.
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Litigation firm fined £21k for holding funds without instructions
Milberg Ltd allowed more than £3m to improperly pass through client account.
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Law reform 'worth billions', economists find
Landmark report shows economic gains from five highest-value projects in recent years exceed £3bn over 10 years.
