How will the Litigation Funding Reforms affect your business?
CPD Points: 2 hours
“The new costs budgeting regime also comes into force for most multi-track civil cases, with warnings that practitioners who get it wrong face limited scope to apply for relief, disciplinary action for professional misconduct and being sued by clients for negligence.
Throw into the mix: the new damages-based agreements (DBAs), the end of recoverability of conditional fee agreement (CFA) success fees and most after-the-event (ATE) insurance premiums, a ban on referral fees, qualified one-way costs-shifting and legal aid changes which will take swathes of cases out of scope, and the challenges of pricing litigation become clear.
The possibility of significant levels of satellite litigation is very high…..”
Law Society Gazette February 2013
Amidst the stark warning above, is your firm geared up for the new changes that will take place in April 2013? Practitioners should be developing skills in preparing budgets, or investing in software to monitor cost budgets as well as on e-disclosure. Performance in costing cases will come under scrutiny with limited options to apply for relief from any sanctions.
This seminar focuses on:
• How the litigation reforms will affect the funding of cases,
• Examines the potential pitfalls that may arise in relation to costs post-April 2013
• A run-through of the main changes mentioned above,
• Practical tips – including funding options and approaching Costs Management Hearings
Notes on Speaker:
Karim Mohamed is a Partner and Head of Professional Negligence at Mayo Wynne Baxter. Karim is nationally recognised as a specialist in negligence claims involving professionals, being listed in one directory as 'highly recommended' in this area of practice.
To book your place please click on the registration button above
When & Where
Mayo Wynne Baxter
Mayo Wynne Baxter is an award-winning leading law firm in the South East, employing nearly 230 people across ten locations. We have specialist solicitors in most areas of the law.