Litigation Funding news – Page 5
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City firm cleared by SDT left with £291,000 costs bill
Solicitors Disciplinary Tribunal made no cost order following six-day hearing of AML charges.
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Attorney general refuses to answer MPs on representing Gerry Adams
Richard Hermer KC asked about former Sinn Fein president during House of Commons justice select committee session.
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Funding regulator 'monitoring' Mastercard row
Funder Innsworth to challenge settlement approval in Competition Appeal Tribunal hearing next month.
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Simmons rewards Bristol-based NQs with bumper pay rise
International firm makes 'bold statement' with salary increase that will see newly qualified solicitors earn £96,000 a year.
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New year brings extra fees as hourly rates uplifted
Master of the rolls also reveals that future rates may depend on work rather than location.
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SRA pledges action against door-knocking claims firms
Regulator concerned that firms are not asking questions about how claims have been generated.
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Justice committee: Lord chancellor pledges extra 2,000 court sitting days - as it happened
Shabana Mahmood makes her first appearance before MPs on the select committee as lord chancellor and justice secretary.
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Judge rejects ex-client’s claim that solicitor misled court
Costs judge finds no reason to reopen dispute subject to a ruling earlier this year.
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Mastercard settlement: Merricks' solicitor condemns funder’s ‘greed’
US-based litigation funder accused of 'sustained campaign' of inappropriate pressure.
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Funder to challenge 'premature' Mastercard case settlement
Marathon £17bn claim on behalf of 46 million people settles after nine years of litigation.
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Incentivise defence solicitors for early guilty pleas, DPP tells MPs
CPS chief says early guilty plea saves the court four hearings but defence lawyers are paid substantially more when the guilty plea comes later.
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Lit funders highlight ‘elephant in the room’ to Civil Justice Council
Funders anxious for a legislative solution to PACCAR bemoan lack of progress as ’Sword of Damocles’ hangs over industry.
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Mahmood 'errs on side of caution' with new personal injury discount rate
Lord chancellor believes changing the rate from -0.25% to 0.5% will avoid significant undercompensation for injured claimants.
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MoJ mulls costs protection for discrimination claims
Call for evidence comes four years after judicial review case was lost by disability campaigner.
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Civil legal aid: minimum 10% fee uplift for housing and immigration lawyers
Ministry of Justice to consult on fee uplift for two of 11 contract areas - the first rise in 30 years.
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Judge warns divorcing couple of financial ruin
Couple incurred costs of £40,000 in a month disputing bills and holiday payment.
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Warning over lord chancellor's 'above-inflation legal aid fee increase'
Law firm hints at further legal action if new rates fail to resolve crisis in immigration and asylum legal aid sector.
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Data drive to reveal 'hidden costs' of legal aid work
Practitioner groups wants to show government the current legal aid scheme is unnecessarily complex and bureaucratic.
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Law centre group takes £33k hit from employer NI hike
South West London chief says it would be 'wonderful' if charities were to be exempted from chancellor's tax raid.
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Post Office Inquiry costs climb past £50m
Lawyers for core participants charged more than £6m for the last financial year.