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Legal Fees Eating Into Compensation Claims: Report

Rules allowing lawyers to offer ‘no win, no fee’ terms, and those regulating litigation funders, need an overhaul, the Samuel Griffith Society says.
Legal Fees Eating Into Compensation Claims: Report
An Australian flag flies at the Supreme Court of Victoria in Melbourne, Australia, on Oct. 27, 2023. Melanie Sun/Susan Mortimer/The Epoch Times
Rex Widerstrom
Rex Widerstrom
8/30/2024|Updated: 9/3/2024
0:00

The rules around class action lawsuits need to change, according to a review by the Samuel Griffith Society.

The Society says much of the $1 billion in settlement funds paid in the 2019/20 financial year went to private underwriters and law firms.

Rex Widerstrom
Rex Widerstrom
Author
Rex Widerstrom is a New Zealand-based reporter with over 40 years of experience in media, including radio and print. He is currently a presenter for Hutt Radio.
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Related Topics
Australia
victoria
litigation funders
Samuel Griffith society
Victorian supreme court
australian federal court
class actions
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