Late last year, the Ministry of Justice announced figures which surprised and worried litigators.The numbers of claim forms filed over the previous year indicated that disputes started had stayed largely static despite the deteriorating economic climate.All lawyers should be concerned by this development because traditionally in the good times transactional work drives law firm profits. As the deal flow dries up, contentious practitioners had previously come into their own and picked up the profits per equity partner (PEP) slack.
February 18, 2009 at 09:13 PM
1 minute read
The original version of this story was published on Legalweek
Freezing orders are on the up but companies are still keen to avoid the costs of litigation. Andrew Mitchell reports
Late last year, the Ministry of Justice announced figures which surprised and worried litigators.
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