This looks like a good topic for discussion, since there would seem to be plenty of ways in which this package of goodies can be deployed -- and plenty of opportunities for lawyers on the other side to exploit their adversaries' strength. Thoughts, anyone?
"a cutting edge approach to funding civil litigation which reduces the cost of disputes and provides clients with more financial control and certainty during disputes than ever before". The cutting edge turns out to be conditional fee agreements, after-the-event insurance and third party funding (or a combination of all three), thus enabling their clients to be placed fully in control of the amount of risk they take. The firm adds: "We can reduce the day-to-day cost of running disputes; we can reduce (or eliminate entirely) the amount of our client's costs and expenses (including opponents' costs) if the client loses, and we can give our clients financial certainty in an inherently uncertain area.
Right: The Joys of Google Image -- search for "control freak" and on the first page of results you end up with Keira Knightly
The litigation landscape is changing dramatically ..., especially for clients who might have had a good case in the past, but ruled out making a claim because of uncertainty and potentially high costs. Our approach is very different to the standard approach by other law firms and represents a great value proposition for clients. By standing shoulder to shoulder with them, backing our judgement and sharing the risk we're demonstrating more commitment to clients than ever before".
Thursday 26 June 2008
The name of the game: CONTRO£?
CONTRO£ might look more like a typo or a wheeze devised by a cybersquatter for getting more click-throughs -- but it's the name of a new scheme set up by major UK law firm Addleshaw Goddard with the aim of providing