Continue reading "Funding: Damages-based agreements: the basics"
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Funding: Damages-based agreements: the basics
Paul Jones looks at the pros and cons DBAs provide a whole new wilderness for the majority of personal injury lawyers to navigate through. Conditional fee agreements (CFA) were confusing enough when they were first introduced but now we have new-style CFAs (with unrecoverable success fees and ATE premiums) sitting alongside DBAs. The main provisions …