The Equitable Life case is grinding into the second month of its predicted nine-month trial, with much attention focused on the barristers in the starting line but less known about the fee agreements underpinning their appearance in court.

Peter Leaver QC, it has emerged, is acting for Equitable Life former non-executive director Jennifer Paige under a conditional fee arrangement (CFA), with many clerks suggesting that this is one of the largest cases in which a barrister has taken on the risk of a CFA.