By Charles Cuthbert on Wednesday, 27 April 2016
Category: Costs Law

Court upholds contingency fee agreement

The High Court has given “courage” to those exploring contingency fee agreements, a solicitor at London firm Bolt Burdon has said, after Mr Justice Spencer upheld a retainer that saw the practice recover half of the compensation recovered under it. This amounted to over £400,000, eight times what it would have billed on an hourly basis. In Bolt