What Labour's Win means for Litigation
Plus how it impacts law firms.
Hi ZipLawyer! Welcome to our third deep dive on how Labour's Election win will impact law firms and their clients.
Today, we focus on the Litigation and we discuss Labour's key plans and how they impact law firms so you can ace your applications and interviews.
Dispute Resolution and Litigation
Labour’s win has left uncertainty around the future of litigation funding – a system where third-party companies finance lawsuits in return for a share of any settlement or damages. A proposed law to make these funding agreements enforceable was left unfinished when Parliament dissolved. Given its broad support, it is likely Labour will attempt to pass this law again, which would bring clarity and security to litigation funding. This change could make it easier for individuals and small businesses to pursue legal action without bearing the financial risk themselves.
Arbitration and Class Actions
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