Civil reform impact: Funding impact on settlement dynamics

Civil litigation will see a series of fundamental reforms in three months’ time under Lord Justice Jackson's recommendations and government regulation, and damages-based agreements are set to make their mark on funding arrangements, says Tim Wallis.

DBAs are contingency fees by another name, and their introduction brings exposure to risk for claimants and claimant lawyers.

The lawyer agrees not to charge a fee if the case does not succeed and, in