Legislation to drastically curb the success fees charged by lawyers who take libel cases on a no win, no fee basis won’t now pass into law before the election, Press Gazette reports today.
The Ministry of Justice carried out a fast-track consultation on cutting success fees by 90 per cent but the changes, which needed parliamentary approval, were held up last week when they were voted down at the committee stage.
Now Press Gazette says that following Prime Minister Gordon Brown yesterday calling an election for 6 May, the CFA rule-change will not now have time to pass into law.
A whooping 90 percent! I'm all for freedom of speech but a 90 percent cut on success fees for no win no fee libel cases is too much, IMO.
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