find the latest legal job
Corporate Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Highly-respected, innovative and entrepreneurial Not-for-Profit · Competency based Board
View details
Chief Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Dynamic, high growth organisation · ASX listed market leader
View details
In-house Projects Lawyer | Renewables / Solar | 2-5 Years PQE
Category: Generalists - In House | Location: All Australia
· Help design the future · NASDAQ Listed
View details
Insurance Lawyer (3-5 PAE)
Category: Insurance and Superannuation Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Dynamic organisation ·
View details
Legal Counsel
Category: Corporate and Commercial Law | Location: North Sydney NSW 2060
· 18 month fixed term contract · 3-5 years PQE with TMT exposure
View details
‘Australian legal first’ to see SMEs gain greater court access

‘Australian legal first’ to see SMEs gain greater court access


A commercial law firm has declared it has launched an Australian legal first solution, which will allow the SME sector greater access to the courts.

Logie-Smith Lanyon Lawyers has revealed it has rolled out a new funding alternative for small- to medium-sized businesses considering litigation.

The solution, dubbed Cost Certain Access to Business Litigation (CCABL), aims to provide cost certainty, while minimising risks commonly associated with litigation, resulting in more Australian businesses allowed access to the courts.

On launching the new solution, CCABL partner of commercial litigation and designer, Steven Harris, said when compared to funding the litigation alone, CCABL clients can expect to reduce their legal spend by as much as two-thirds and increase their net return by as much as 50 per cent.

“Too often businesses are prevented from pursuing a case, even when there is a strong probability of success,” Mr Harris said.

“By removing the barriers to litigation – the serious impact on cash flow, high cost of quality legal representation and adverse costs risk – we will create cost certain access to the courts for Australian businesses.

“Companies considering a litigation claim, or those who have decided against it in the last six years, can now access litigation funding, while ensuring their business interests are protected.”

According to Mr Harris, CCABL will be offered to businesses pursuing a commercial claim of $500,000 or more.

“It is best suited to contractual disputes, Trade Practices Act claims, banking and finance cases, intellectual property infringement, insurance claims, product liability, professional negligence and large debt recovery,” he concluded.


Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

‘Australian legal first’ to see SMEs gain greater court access
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Scales of Justice
Aug 16 2017
Urgent criminal law reforms can prevent ‘unwarranted acquittals’
Concerns about unfair prejudice arising from the use of tendency and coincidence evidence are mispla...
Aug 15 2017
Press Control-S on your firm
Promoted by BHL Software It’s now a truism that when your IT systems stop working, so does you...
Aug 15 2017
The Importance of Leadership Skills for Aspiring Lawyers
Promoted by LHD Lawyers Even the most prominent lawyers of our age (or ages past, for that matter...
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...