One of the most
striking trends in the UK system is exploring different ways to
fund litigation, according to Jonathan Nash QC, a barrister
with 3VB Grays Inn.
developments around conditional fee arrangements (CFAs) are a
key aspect of this.
CFAs are the form of contingent
fee agreements (so-called no win, no fee) used in England and
Wales. CFAs have been in place for almost seven
years and were
brought in as a way to remove the
often hefty state support being paid out to litigants with
small civil claims.
The government introduced a system that allowed lawyers to
enter into an arrangement whereby they would not get paid if
the case was lost....