Conditional fee disagreements
A law firm has been sued for failing to alert a client to the full possibilities of conditional fee agreements. Wragge & Co's James Gordon warns that it could be just the tip of the iceberg
Most lawyers will know about the landmark Court of Appeal decision in Callery v Gray. The Court confirmed it is reasonable for clients to enter into a conditional fee agreement (CFA) and to take out after-the-event (ATE) costs insurance before proceedings are commenced; insurance premiums are recoverable from the losing party, subject to an assessment of the reasonableness of the premium; and the cost of insuring the premium itself and the insurance premium tax are, in principle, recoverable.
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