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.
May 30, 2013 at 07:02 PM
1 minute read
The original version of this story was published on Legalweek
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.
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