We convene a panel of industry subject matter experts who will revisit the 2023 PACCAR decision and provide their insights around the future of legal funding in the UK, including key topics and trends such as:
- A recap of the PACCAR decision and its potential implications, along with the predictions made by funders and industry experts at the time
- How have those predictions panned out? What exactly have the implications been for UK litigation funders and the broader legal services industry over the past year?
- Are funders reconsidering the UK market entirely? Or just changing their underwriting standards, or perhaps building in an additional risk premium into their pricing, given the PACCAR decision?
- From a PR perspective, what have funders been doing differently, and how can they help persuade both the judiciary and the general public that this industry should not be over-regulated?
- Where will we go from here? What does the future look like in terms of the regulatory environment for litigation funding in the UK and beyond?