Fixed Costs

"Fixed costs will play an increasing role in dispute resolution over the next few years. Practitioners could not have a better guide to this development than Kerry Underwood's new book." John Paisner, Professor of Civil Justice, Nottingham Law School The recent history of litigation funding is not a happy one. Forecasting revenues, cash flow and profits (if any) have been desperately difficult. Against that backdrop comes the introduction of fixed or 'predictable' costs which few doubt will change litigation funding profoundly. Kerry Underwood's No Win No Fee provided practitioners with a clear guide to how to answer these questions as conditional fees came into being. Readers who followed his advice will have done well. Now he turns his attention to fixed costs - covering the law and practice of the new regime and, most importantly, offering guidance as to how make that regime work in practice. Contents: 1.Problem Areas 2.A New Way of Working 3.Fixed Costs or Capped Costs? 4.Fixed Costs and Conditional Fees 5.Ready Reckoners 6.Disbursements 7.The Motor Insurer's Bureau Contingency Fee Scheme 8.Costs Controlled by the Courts 9.Court of Protection 10.The Future 11.Statutory material 12.Precedents This is an important book and an easy read at the same time. All litigators should read it - what affected RTA litigation initially will be soon extended.Underwood, Kerry is the author of 'Fixed Costs ' with ISBN 9781858113234 and ISBN 1858113237.