Fri, 17 May 2013
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Addleshaws to share risk in oligarch showdown
He who dares wins, no? AG stand to gain a huge amount in the success fee (which I should imagine stands at 100%) if the case is successful and are covered for all their out of pocket expenses if they lose. They clearly think the case has decent prospects of success otherwise they wouldn't have dreamed of taking it on under a CFA. The publicity and future work attracted by this move is an added bonus.
Why are many lawyers so bloody conservative? In an age of austerity, it's not those who sit on their hands who will come out of it smelling of roses.
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