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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

NLJ Career Profile: Hugo Plowman, Mishcon de Reya

NLJ Career Profile: Hugo Plowman, Mishcon de Reya

From global fraud cases to fishing off-grid, Mishcon de Reya’s chair of dispute resolution Hugo Plowman discusses mentors, management switching off

Maguire Family Law—Jennifer Hudec, Ciara Florey, Alice Ferguson & Ruth Wynn

Maguire Family Law—Jennifer Hudec, Ciara Florey, Alice Ferguson & Ruth Wynn

Maguire Family Law announces partner promotion and new hires amid a record year for enquiries

Switalskis—Rebecca Parry & Hannah Gamble

Switalskis—Rebecca Parry & Hannah Gamble

Switalskis wills and probate team extends reach with two appointments

NEWS
Restrictions on workplace non-disclosure agreements could make settlements slower, more complex and more expensive when reforms expected in 2027 take effect
Private prosecutors face closer scrutiny under Crown Prosecution Service guidance designed to strengthen accountability and consistency when intervention is requested
Foreign states cannot necessarily claim immunity for cyber operations launched abroad against computers in Britain, following a divided Supreme Court ruling
Defendants who make unsupported complaints about their lawyers risk losing legal aid while confiscation proceedings continue without representation
Lawyers advising Russian clients face different sanctions restrictions across the UK, EU and US, despite their shared objective of increasing pressure on Russia
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