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The new Court rules combined with the stated aim of Government policy of removing legal aid and at the same time ensuring access of Justice through contingency fees has meant a revolution in the manner of funding litigation.
But this has meant an even more acute conflict of interest between solicitor and client because the lawyer needs to be able to recoup funding the action by taking a share of the proceeds of the claim. The commercial client needs to be aware of the parameters to negotiate the conditional fee agreement.
The aim of this book is to:
provide a clear outline of the meaning of conditional fees and contingency fees
provide an outline of the costs that may be payable under the new regime
provide a breakdown by way of summary of different types of legal insurance
available on the open market including after the event insurance
give an overview of the fast track, small track and multi track procedures
relate litigation to service charge recovery programs for residential and
commercial property
This book provides technical detail and also practical examples to ensure the manager is
in a better position to negotiate with his/her lawyers.
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