“… The two most acute problems with class actions are costs and delay. They both necessitate and aggravate the need for private commercial funding in the absence of a public funding mechanism. In Annexure 1, we set out empirical data on costs and funding commissions in class action litigation in Australia in the period 2001-2020. This is based in part on data incorporated in the Law Council submission to the Parliamentary Joint Committee, supplemented by information provided in responses to questions on notice of the Joint Committee and further information provided to us by several law firms …”
Cashman, Peter and Simpson, Amelia, Research Paper 5 – The Costs and Funding Commissions of Class Actions [2020] University of New South Wales Law Research Series 87.
First posted 2021-02-01 14:40:17
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