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NLJ this week: Third party funding - a litigation lifeline?

06 August 2020
Issue: 7898 / Categories: Legal News , Profession , Covid-19
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As the economic fallout from the COVID-19 pandemic gathers speed, the litigation finance industry is in a position to provide a lifeline, Simon Davenport QC and Daniel Goldblatt, 3 Hare Court, and Sergey Litovchenko, Bivonas Law, write in this week’s NLJ

They explain how lawyers and their clients can best position themselves to apply for and negotiate third party litigation funding. As demand for their services increases, funders are likely to become more discerning and to charge more for their services.

Davenport, Goldblatt and Litovchenko examine what third-party funding involves, how to get it, what the typical costs are, and recount their experience of applications involving Russian and CIS clients.

Read more here.

MOVERS & SHAKERS

Gibson Dunn—London partner promotions

Gibson Dunn—London partner promotions

Firm grows international bench with expanded UK partner class

Shakespeare Martineau—six appointments

Shakespeare Martineau—six appointments

Firm makes major statement in the capital with strategic growth at The Shard

Myers & Co—Jess Latham

Myers & Co—Jess Latham

Residential conveyancing team expands with solicitor hire

NEWS
One in five in-house lawyers suffer ‘high’ or ‘severe’ work-related stress, according to a report by global legal body, the Association of Corporate Counsel (ACC)
The Legal Ombudsman’s (LeO’s) plea for a budget increase has been rejected by the Law Society and accepted only ‘with reluctance’ by conveyancers
Overcrowded prisons, mental health hospitals and immigration centres are failing to meet international and domestic human rights standards, the National Preventive Mechanism (NPM) has warned
Two speedier and more streamlined qualification routes have been launched for probate and conveyancing professionals
Workplace stress was a contributing factor in almost one in eight cases before the employment tribunal last year, indicating its endemic grip on the UK workplace
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