Addleshaw Goddard senior partner Monica Burch has reaffirmed the firm’s commitment to offering conditional fee agreements (CFAs) for litigation work, despite a number of high-profile losses.
Speaking to Legal Week, Burch said that the net benefit of using CFAs had topped seven figures annually a number of times since the firm first started pushing the arrangements in 2008. She added that additional fee income had also been generated through gaining and retaining work that the firm would otherwise have missed out on without offering a CFA.
