Nabarro to offer fixed fees for all litigation clients

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  • So this is a fixed fee..............with assumptions. How very novel.

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  • It's nothing the American firms haven't been doing for years. And English firms have always been prepared to work on this basis.

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  • Meaningless once the full impact of Precedent H hits

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  • Forget the cynics Nabarro. Keep innovating.

    Failing that, do what most firms have been doing for years but tell everyone that it's a bold new approach.

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  • Any client should be asking for fixed fee - the real "evolution" of litigation fees rests in conditional fee agreements in commercial transactions, where firms share up/downside with clients.

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  • I wonder how this will affect litigators' tendency to fight for their client. I'm all for coming to a reasonable commercial solution rather than going tooth and nail for every claim but surely this will lead to significant internal management pressure to settle cases early to maintain(/improve?) profit margins.

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  • This is all positive stuff and Nabarro's should see positive results in both short and long term. The crucial element is to get the budget figure in this case of £250,000 as accurate as possible. Payment of the budget into 1/12 is merely cash flow billing. As for it being new! this was exactly my thoughts in an article published in a major legal publication in September 1999. Yes 1999.

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