With the whole legal world thinking fixed costs are a bad idea that will lead to further redundancies and less access to justice, Rachel Rothwell (editor of Litigation Funding) offers a different view.
Does this offer a refreshingly positive outlook? Can people see that silver lining?
Based on historical data....I don't think so!
What you can’t control is the opposition’s costs – that is what leaves so many people and businesses to stop short of enforcing their rights. It is the risk of losing the house; of the business going bankrupt. Now, the client can enter into litigation with the lights turned on, rather than stepping into the dark. And perhaps the silver lining for the legal profession is that, I believe, this will actually lead to more people upholding their rights through the courts.