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The Law Society Gazette recently had an advice section on CFA precedents for CFAs with counsel which stated: “APIL/PIBA 6 was drafted specifically with PI and clinical negligence proceedings in mind where the solicitor is also working under terms with his client (on the Law Society model agreement). It is an industry-wide agreement and there is little prospect of a prudent PI solicitor departing from its key clauses”.
A prudent PI solicitor might wish to review the key clauses where they are entering into a CFA with counsel after liability has been admitted. “Grotesque” funding arrangement anyone?