The Lawyer Global Litigation Top 50 report is the only ranking of international law firms by litigation and arbitration revenue and is essential reading for anyone seeking to benchmark their litigation and dispute resolution practices...
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.
The Civil Justice Council has agreed the level of success fees payable under conditional fee arrangements in employer liability accident cases.
Under the settlement, solicitors will be paid a 100 per cent success fee in cases that go to trial. If claims are settled at court pre or post-issue, the success fee will be 25 per cent of base costs.
Additionally, a 2.5 per cent uplift will be recoverable by solicitors for pre-trial settlements if the claim is funded by a membership organisation.
It is hoped that personal injury claims will be processed significantly faster as a result of the agreement.
Barristers will not be entitled to the uplift, but will receive similar success fees if cases settle or go to trial. They will also receive a 50 per cent success fee for fast-track cases settling within 14 days of trial, and 75 per cent for multi-track cases settling within 21 days.
Lord Phillips of Worth Matravers, the Master of the Rolls and Civil Justice Council chair, said: “This agreement extends the predictable costs scheme further and maintains welcome momentum.”
Following last October’s success fees settlement for road traffic accident claims, the employer’s liability agreement will now be referred to the Civil Procedure Rule Committee for implementation in the autumn.