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15 March 2013 / Dominic Regan
Issue: 7552 / Categories: Opinion , Jackson
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Jackson: the last chance saloon

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Dominic Regan averts panic with a Jackson to-do list!

On Jackson Day - 01 April -  the civil litigation process will undergo the greatest change of this century. While time is running out there is still the opportunity to move swiftly for the benefit of your client and yourself.

1 CFA

Enter into a conditional fee agreement (CFA) and take out after the event insurance before 1 April (Easter Monday), when the guillotine drops. Provided that you have entered into arrangements before that date you will remain able to recover additional liabilities even though the matter may not be resolved for years yet to come. While CFAs will survive after April, the general rule is that recoverability becomes a matter between you and your own client. Your opponent will be liable for base costs only. It will be an interesting tussle to see to what extent, if any, solicitors succeed in persuading their clients to agree to relinquish part of their damages. I do not hold out great hopes. Note that recoverability

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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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