Category: Legal Cost Expenses
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Litigation Funding in Arbitration Cases
For many centuries, maintenance and champerty are prohibited under common law. The restrictions arose to combat abuses in medieval England. Unscrupulous nobles and royal officials would lend their names to bolster the credibility of doubtful and fraudulent claims in return for a share of the property recovered. Per Lord Justice Steyn: In modern idiom maintenance…
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How Does Litigation Funding Help Businesses in Malaysia
Legal departments are often viewed as a cost centre by organisations. Most legal departments would have some form of a budget, be it yearly, half-yearly or quarterly. However, new litigation cases will normally not be included in the budget. When organisations are faced with litigation, the legal department may need more funds from the company…
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Predict Winning of A Court Case
It is definitely not easy to try and predict if a case can be won or not. Why is it important to try and predict the outcome of a case? Take for instance, Abigail Fisher’s case. In 2008, she sued the University of Texas to force the school to reconsider her rejected undergraduate application without taking…
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Legal Cost Control
Depending on the nature of your business, legal costs could come up to quite a high percentage of your annual budget, especially if the industry that you are in is highly regulated. In an industry that is sensitive to regulations (domestic and international) such as financial institutions, the organisation will need to build teams of…