“The Jackson review was set up in late 2008 because the senior judiciary were – and are – concerned about the escalating costs of civil justice. Those costs are often disproportionate to the issues, in particular the sums at stake. The report – the first ever fundamental review, specifically focused upon civil costs – sets out a coherent package of interlocking reforms, which are designed to reduce litigation costs and to promote access to justice.
In addition to making for a more effective legal and court system (controlling excesses of litigation and fees), the report’s recommendations have the potential – if implemented in full – to yield substantial savings in legal costs for the taxpayer”. (The Judicial Communications Office News Release 02/10)
The main issues to be covered at this seminar will include:
• Overview of principal changes affecting commercial practitioners
• Damages Based Agreements and how they work
• Developments in Third Party Litigation Funding
• Practicalities of securing Third Party funding for Claimants and Defendants
• Part 36 offers