New Law Introduced to Help Public Secure Funding for Legal Battles Against Big Corporations
This new law marks an important change in the legal landscape of England and Wales, aiming to level the playing field for individuals seeking justice against powerful corporations. The move to allow third parties to fund legal cases on behalf of the public will provide much-needed support for those facing complex and costly legal battles.
The Lord Chancellor’s announcement comes as a welcome relief for many, including those involved in high-profile cases such as the Horizon scandal. The ability to secure third-party funding can make a significant difference in the pursuit of justice, as seen in the case of the sub-postmasters who successfully took on the Post Office with the help of a litigation funder.
With the government also considering a wider review of the sector, there is potential for further changes to enhance access to justice and ensure fair treatment for individuals bringing claims to court. This development is set to bolster the UK’s thriving legal services sector, which plays a crucial role in upholding the rule of law and protecting the rights of individuals.
As this legislation is set to be introduced shortly, stakeholders in the legal industry and beyond will be eagerly awaiting further details on the next steps and any potential safeguards or regulations that may be put in place. Stay tuned for more updates on this important development in the legal landscape of England and Wales.