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Litigation funding

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How will you spend your £4 Mastercard pay-out? Professor Dominic Regan, NLJ columnist, AKA 'The Insider', writes that the result of the collective action once put at £10bn and later settled for £200m renders it a ‘pointless exercise’. 
How will you spend your £4 Mastercard payout? Dominic Regan tots up collective action anti-climaxes & laments expectation versus reality

The deadline for submissions to the Civil Justice Council’s (CJC) consultation on litigation funding, including third party funding, has been extended by one month

Should third-party funding be regulated? If so, how and by whom? This is just one of many thorny questions likely to occupy the minds of litigation lawyers in the year ahead, David Greene, NLJ consultant editor and senior partner at Edwin Coe, writes in this week’s issue.
David Greene anticipates attempts to make the litigation process more efficient and less costly…and make or break for litigation funding
Former financial services ombudsman Walter Merricks’ class action against Mastercard has entered unprecedented territory after the litigation funder opposed a potential settlement.
Lawyers have been asked for their views on third party funding for the next stage of the Civil Justice Council (CJC) review
Christmas has come early for litigators & it’s all about the money! Dominic Regan shows he’s no turkey as he shares a feast of legal gems in this month’s exposé

Lies cost, as The insider, aka Professor Dominic Regan, reports in this week’s column

Bookies’ favourite? Professor Dominic Regan, aka ‘The insider’ tips a judge as a likely candidate for the top job of Chief Justice at a later date. Read this week’s column in NLJ to find out who

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MOVERS & SHAKERS

Freeths—Ruth Clare

Freeths—Ruth Clare

National real estate team bolstered by partner hire in Manchester

Farrer & Co—Claire Gordon

Farrer & Co—Claire Gordon

Partner appointed head of family team

mfg Solicitors—Neil Harrison

mfg Solicitors—Neil Harrison

Firm strengthens agriculture and rural affairs team with partner return

NEWS
Conveyancing lawyers have enjoyed a rapid win after campaigning against UK Finance’s decision to charge for access to the Mortgage Lenders’ Handbook
The Crown Prosecution Service (CPS) has launched a recruitment drive for talented early career and more senior barristers and solicitors
Regulators differed in the clarity and consistency of their post-Mazur advice and guidance, according to an interim report by the Legal Services Board (LSB)
The Solicitors Act 1974 may still underpin legal regulation, but its age is increasingly showing. Writing in NLJ this week, Victoria Morrison-Hughes of the Association of Costs Lawyers argues that the Act is ‘out of step with modern consumer law’ and actively deters fairness
A Competition Appeal Tribunal (CAT) ruling has reopened debate on the availability of ‘user damages’ in competition claims. Writing in NLJ this week, Edward Nyman of Hausfeld explains how the CAT allowed Dr Liza Lovdahl Gormsen’s alternative damages case against Meta to proceed, rejecting arguments that such damages are barred in competition law
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