Predictable success fees

Following the implementation of the predictable costs scheme for pre-action RTA claims (22/ LL p85), further industrial agreement has been reached on success fees. At a meeting of representatives from all sides of the costs industry facilitated by the Civil Justice Council, it was agreed that there should be a fixed success fee of 12.5% for RTA claims settled before trial and 100% for cases which go to trial. The agreement has been referred to the Rules Committee for consideration and the drafting of new rules, which it is hoped will be in place early next year.