Thursday, August 23, 2012

Civil Justice Council publishes report on contingency fees

A big heads up for a report by the Civil Justice Council on contingency fees. It concluded, among many other things, that for Damages-based Agreements (DBAs) in personal injury cases the contingency fee should be capped at a maximum of 25% and that damages from which the contingency fees can be taken should not be limited (eg by the cost of future care). They also concluded that base costs recovered between the parties should be deducted from the contingency fee.

No comments: