Litigation/Dispute Resolution
Class action firm scores “largest ever” £100m funding deal
Class action specialist PGMBM has secured funding of £100m from alternative investments firm North Wall Capital, in what is believed to be the largest deal of its kind with a claimant law firm.
ESG key to expanding litigation funding market, says report
The ESG – environment, social and governance – agenda will be the key driver of growth in litigation funding in the UK and continental Europe in the coming years, new research has predicted.
Platform aims to help smaller law firms “democratise” group actions
Group actions will no longer be the preserve of a few large claimant firms, according to the founders of an online platform whose development was supported by the SRA’s Legal Access Challenge.
High Court strikes out “fanciful” allegations against law firm and QC
The High Court has struck out “inherently fanciful” allegations made by a former City partner against, among others, another former City partner, a law firm and a QC.
PI costs ruling could have “significant” impact on settled cases
A Court of Appeal ruling that the wording of a settlement of a personal injury claim supplanted fixed costs could have “significant” implications, including for cases that have already settled.
“No claim is unmanageable”: Court of Appeal reinstates huge group action
The Court of Appeal has reinstated a £5bn claim that a High Court judge struck out because it risked becoming “the largest white elephant in the history of group actions”.
High Court: Ex-City solicitor failed to return $25m fund to Saudi princess
A former City solicitor was wrong not to return to a Saudi princess a $25m fund he had been managing for her over several years, the High Court has ruled.
Defendant DBAs are unlawful, Court of Appeal rules
An agreement that a defendant will pay their solicitors a percentage of any sums they successfully resist having to pay the claimant is unlawful and unenforceable, the Court of Appeal has ruled.
New litigation funder targets “niche within a niche”
A litigation funder launched this week with £25m backing from a US private equity firm is targeting what a “niche within a niche” – cases worth up to £1m in the Midlands and the North.
Firm ordered to pay wasted costs over lack of authority to act
A law firm has been ordered to pay wasted costs of £7,920 for not satisfying itself that the director of a company in deadlock with the other director had the authority to give it instructions.
Blog
The trade-off mid-sized firm partners think they’re making
Most of the partners I talk to describe the same tension. They want the firm to run efficiently and hit its numbers, but they also want their people to feel supported, developed and fairly treated.
Communication as the core of client care in conveyancing
How a conveyancer approaches client care – particularly in relation to communication – can be the greatest differentiator for the success of a conveyancing firm.
Why brilliant lawyers sometimes fail
A question that often strikes a chord with partners in law firms is this: why is it that individuals who excel in one role sometimes struggle when promoted into another?
Reports
Associates
