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Lord Justice Jackson’s costs review allows for general counsel and their advisers to strike a happy medium in alternative fee structures. Richard Fields examines a shift in the economics of law

Former judge joins third-party funder

Former High Court judge Sir Gavin Lightman has joined third-party funding group ­Harbour Litigation Funding as chair of the investment committee.

Survey shows hours billed determines bonus levels

Bonus payments for partners below equity level are based more on recorded and billed hours than on business development and competency-based ­performance, according to legal recruiters First Counsel.

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