Jones Day exports damages-based fees to London

December, 17 2013

Jones Day has begun to trial the use of damages-based fee deals with litigation clients in its London office.

Jones Day trials the use of damages-based fee deals in London. Stephen Finn

The firm has experience of using contingency-based fees on the other side of the Atlantic. London litigation head Craig Shuttleworth said: 'We’ve signed two or three relatively small cases so far, partly to get a feel for them and develop an internal process. We’ve just done a more substantial one in terms of our economic interest in the matter.' Source: The Lawyer