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MoJ to lift ban on contingency fees in revamp of no-win, no-fee system

Not a surprise to see the reaction from Claimant firms such as Thompsons and Irwins. Why don't they just say what they are really thinking...'we're the ones who are going to lose out as we can't continue to charge excessive and disproportionate levels of costs!" I am a Defendant lawyer who deals with costs on a daily basis....in my view these changes are long overdue. Whenever I speak with lay people and tell them about the level of legal costs claimed in cases in comparison to the amount of damages paid, they are astonished. It is incredible that Claimant firms have been able to get away with it for so long.

30-Mar-2011

11:30 am