Corporate counsel report that only eight per cent of external lawyers “always” keep within budget, according to a survey by dispute resolution funder Vannin Capital. Some 14% of corporate counsel said their external lawyers never set a budget. 64% of corporate counsel say their litigation spend has increased in the past two years, and 56% said they had at some stage not pursued meritorious claims due to the costs of bringing an action. The survey results are revealed in the second report of Vannin’s Funding in Focus series.
11 November 2015
Funding figures
MOVERS & SHAKERS
DWF—David Abbott & Claire Keat
Senior appointments in insurance services and commercial services announced
.tmb-mov69x69.jpg?sfvrsn=6e6975ed_1)
Clyde & Co—Nick Roberts
Aviation disputes practice strengthened by London partner hire
Ellisons—Marion Knocker
Residential property lawyer promoted to partnership
NEWS
Prosecutors will speed up preparations for charging hate crimes, under Crown Prosecution Service (CPS) guidance issued in response to the surge in antisemitic incidents
Improvements to courts, tribunals and the wider justice system in the north are being held back by a lack of national and local collaboration, according to thinktank JUSTICE North
A family judge has criticised the prison authorities for mistakenly freeing a father who abducted his own son
The Law Society has renewed its calls for compensation for legal aid firms affected by the cyber-attack on the Legal Aid Agency (LAA)
The Serious Fraud Office (SFO) has secured a £10m penalty plus £4.8m in costs from manufacturer Ultra Electronics Holdings, under the terms of a deferred prosecution agreement (DPA) for failure to prevent bribery
Copyright © 2026 LexisNexis
