Our Blog - Latest Insight and Opinion From Burcher Jennings
Latest insight and opinion from key personnel and the Burcher Jennings Advisory Board along with guest articles and thought leadership from some of the legal sector’s key influencers.
Litigation Funding: The Supreme Court’s Earthshock
At the end of July, the Supreme Court handed down its decision in the “PACCAR Trucks appeal”, with a majority decision that a litigation funding agreement (“LFA”) under which the funder is to receive a percentage of any damages recovered by the funded party is a damages based agreement (“DBA”) within the meaning of s58AA Courts and Legal Services Act 1990 (“CLSA”).
Hourly rates - where are we now
What seemed an eternal wait for the Guideline Hourly Rates (“GHR”) of 2010 to be updated, was finally resolved with the “new” GHR which came into effect in October 2021.