The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Addleshaw Goddard is ready to embrace a contingency fee regime if it comes into force in England and Wales, as recommended by Lord Justice Jackson last week (14 January).
The High Court judge made the proposal as part of his wider review into civil litigation costs.
The review proposed that after-the-event premiums and success fees should no longer be recoverable in conditional fee arrangements because the model is plagued with flaws that build up costs and block access to justice.
Instead, said Jackson LJ, as many funding methods as possible should be made available to litigants.
Addleshaws head of litigation Simon Twigden said the firm has “serious reservations” about abolishing recoverability, but that contingency fees would be welcomed.
“If a properly regulated contingency fee regime is implemented, it would represent a revolutionary public policy change that would deliver even better access to justice,” he said. “This is precisely what our clients want and we’re ready to pioneer the use of these arrangements in the highest courts.”