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26 February 2010 / Andrew Parker
Issue: 7406 / Categories: Opinion , Costs
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A brave old world?

In the few weeks since publication of Sir Rupert Jackson’s final report last month, the most talked about of his recommendations has been the proposal to abolish the ability to recover success fees and after the event (ATE) insurance premiums from the losing party. The reactions have ranged from outraged cries that access to justice will be stifled, through a broad welcome from those who have to pay them now, to the ostrich-like assumption that the primary legislation needed will never happen.

In the few weeks since publication of Sir Rupert Jackson’s final report last month, the most talked about of his recommendations has been the proposal to abolish the ability to recover success fees and after the event (ATE) insurance premiums from the losing party. The reactions have ranged from outraged cries that access to justice will be stifled, through a broad welcome from those who have to pay them now, to the ostrich-like assumption that the primary legislation needed will never happen.

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MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

Private wealth disputes team adds contentious probate specialist

Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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