Lower Legal Fees in Defamation Suits Could Dull Luster of UK Libel Mecca
A plan to cut hefty “success” fees paid by losing parties to libel lawyers in Britain could help level the playing field by reducing what the Justice Secretary terms “disproportionate” legal bills.
Under the proposal, which is set to take effect in April, fees could be cut as much as 90 percent. This would still provide those defamed with an avenue for redress, yet make it possible for media organizations, especially smaller ones, to defend themselves, Justice Secretary Jack Straw tells the BBC.
“This is particularly important for ensuring open scientific exchange and protecting the future of our regional media, who have small budgets but play a large role in our democracy,” Straw says.
Additional and related coverage:
ABAJournal.com: “Britain Considers Changes to Deter ‘Libel Tourism’ “
ABAJournal.com: “Reporter Who Survived Midair Crash Now on Risky ‘Libel Tourism’ Journey”
Financial Times: “Libel lawyers braced for success fees cut”
