Lawyers warn privatisation of courts could damage City's status as disputes centre
City lawyers have warned that London's status as an international litigation centre will come under threat should the Government push ahead with proposals to privatise the courts service. A report by The Times this week (28 May) suggested the Ministry of Justice (MoJ) is considering putting court buildings and staff "in the hands of private companies" in a bid to save as much as £1bn a year, with funding generated in part by fees from wealthy litigants. Though the MoJ has denied suggestions of a "wholesale privatisation" of the courts, confirming only that it is looking at ways to make the system more effective and efficient, litigators have stressed that privatisation could harm London's international standing.
City lawyers have warned that London’s status as an international litigation centre will come under threat should the Government push ahead with proposals to privatise the courts service.
This premium content is reserved for
Legal Week Subscribers.
Subscribe today and get 10% off.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651