Damages-based agreements – Are you at risk of being sued? – Hardwicke Chambers

Posted April 11th, 2013 in damages, fees, news, solicitors, undersettlement by sally

“Damages-Based Agreements (‘DBAs’) became lawful on 1 April 2013 thanks to the Jackson reforms and more particularly the Damages-Based Agreements Regulations 2013. A DBA is a contingency fee arrangement whereby the lawyers can take a percentage of the damages (up to a maximum of 25% in personal injury cases, 35% in employment cases and 50% in most other cases).”

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Hardwicke Chambers, 2nd April 2013

Source: www.hardwicke.co.uk