header-logo header-logo

Conditional fee arrangements & interim statute bills: at odds with modern practice?

27 September 2024 / Amy Dunkley
Issue: 8087 / Categories: Features , Profession , Costs
printer mail-detail
190798
Amy Dunkley analyses a recent judgment questioning the relationship between CFAs & interim statute bills
  • The Court of Appeal dismissed the appeal in Signature Litigation LLP v Ivanishvili on the grounds that invoices worth £12.8m were not ‘final nor complete’.
  • Coulson LJ noted the appeal was an example of the ‘ongoing problem’ of the Solicitors Act 1974’s dichotomy with modern practice.

The Court of Appeal recently dismissed the appeal in Signature Litigation LLP v Ivanishvili [2024] EWCA Civ 901, [2024] All ER (D) 43 (Aug) on the grounds that invoices worth £12.8m were not ‘final nor complete’. Coulson LJ concluded that 79 paid invoices were not ‘interim statute’ bills (ISBs) under the Solicitors Act 1974 (SA 1974), and therefore the s 70 limit for challenge of one year after the bill had been paid did not apply.

The question in the appeal was whether the invoices were requests for payments on account or ISBs: the right to issue the latter can only arise

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

NLJ Career Profile: Bridget Tatham, Forum of Insurance Lawyers

NLJ Career Profile: Bridget Tatham, Forum of Insurance Lawyers

Bridget Tatham, partner at Browne Jacobson and 2026 president of the Forum of Insurance Lawyers, highlights the importance of hard work, ambition and seizing opportunities

Gibson Dunn—London partner promotions

Gibson Dunn—London partner promotions

Firm grows international bench with expanded UK partner class

Shakespeare Martineau—six appointments

Shakespeare Martineau—six appointments

Firm makes major statement in the capital with strategic growth at The Shard

NEWS
One in five in-house lawyers suffer ‘high’ or ‘severe’ work-related stress, according to a report by global legal body, the Association of Corporate Counsel (ACC)
The Legal Ombudsman’s (LeO’s) plea for a budget increase has been rejected by the Law Society and accepted only ‘with reluctance’ by conveyancers
Overcrowded prisons, mental health hospitals and immigration centres are failing to meet international and domestic human rights standards, the National Preventive Mechanism (NPM) has warned
Two speedier and more streamlined qualification routes have been launched for probate and conveyancing professionals
Workplace stress was a contributing factor in almost one in eight cases before the employment tribunal last year, indicating its endemic grip on the UK workplace
back-to-top-scroll