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FUNDING: Counting the cost(s)

27 January 2012  

Nick Rowles-Davies discusses the future of third-party funding

As law firms try to climb out of the grips of the worst recession that most have ever seen, it is quite right that they look at how they can maximise their fee income and enhance their client base.The profession has suffered during the economic crisis and while most litigators have been relatively lucky, in comparison to their property colleagues, they have still suffered because their clients have seen a reduction (or even termination) of their available litigation budgets.

 

Additional Info

  • Case(s) Referenced:

    Adris & ors v The Royal Bank of Scotland plc [2010] EWHC 941 (QB)

    Arkin v Borchard Lines Ltd & ors [2005] EWCA Civ 655

    Hunt v Douglas Roofing [1987] 132 Sol Jo 935

    Motto & ors v Trafigura Ltd & anor [2011] EWCA Civ 1150