Damages-Based Agreements: potential or potential pitfall? – 11 Stone Buildings

Posted March 21st, 2013 in agreements, damages, fees, news by sally

“As part of the Jackson Reforms the much talked about Damages-Based Agreements Regulations 2013 come into force on 1st April 2013. Damages Based agreements (‘DBAs’) open up the prospect of fees becoming entirely divorced from the actual hours worked on a case. This can lead to much higher fees than those which will arise using the hour-based method, even on a CFA with a 100% uplift. However, there are some potentially serious implications to consider. Don McCue takes a closer look at the potential impact of using DBAs, how they compare to Conditional Fee Agreements (‘CFAs’) in different litigation scenarios, and how DBAs relate to the Solicitors Regulation Authority (‘SRA’) Code of Conduct.”

Full story (PDF)

11 Stone Buildings, March 2013

Source: www.11sb.com

2 Responses so far.

  1. Jon Goodman [p/t employment judge, p/t law trainer] says:
    11/04/2013 at 11:56 am

    I am having a problem in printing from my laptop a PDF copy of this very useful analysis. Could you possibly email to me a copy in a different format or post a hard copy. Many thanks.

    • sally says:
      11/04/2013 at 4:01 pm

      We link to freely available resources online, but are unable to supply material in hard copy or any other format to users. The document you refer to is only available as a PDF on the 11 Stone Buildings website (URL at the foot of the post).