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11 November 2022
Issue: 8002 / Categories: Legal News , Litigation funding , Regulatory
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NLJ this week: Litigation funding, big money & commoditisation

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NLJ columnist Roger Smith, former director of JUSTICE, looks at the area of third-party litigation funding in this week’s issue. It’s an area that has been subject to rapid change, now providing funding to the tune of more than £2bn.

Currently, EU regulatory proposals are causing concern in the market. What regulation should apply? What potential concerns does this commercial practice create?

Smith writes: ‘Third-party funding is part of prudent commercial practice. Nothing is necessarily wrong with that. But we have to acknowledge that law, justice and the courts are being commoditised.’ See p6.

See Roger Smith's opinion piece in full here.

MOVERS & SHAKERS

Harneys—Maggie Kwok & George Weston

Harneys—Maggie Kwok & George Weston

Harneys senior leadership appointments

Freeths—Keith Browne & Jim Jordan

Freeths—Keith Browne & Jim Jordan

Freeths strengthens London Construction and Engineering practice with two strategic senior hires

Anthony Collins—Laura Moss

Anthony Collins—Laura Moss

Anthony Collins announces strategic hire to deepen skills base in the social business sector

NEWS
Existing defamation law can respond to AI ‘hallucinations’, but allocating responsibility will prove harder where outputs reach users without human intervention
The High Court has upheld a rare successful serious-irregularity challenge after an arbitrator relied on an implied term neither party had advanced
Thirty years after The Future of Law shook a profession still using fax machines, its central forecast looks increasingly less like prophecy and more like description
More than 100 teams from the legal and financial services sectors competed in five sports at the 51st Law Society RFC Festival of Sport earlier this month
Part-time status need only be an effective cause of less favourable treatment, rather than the sole cause, the Supreme Court has held in Augustine v Data Cars
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