Covid-19 and the enforced lockdown has turned life upside down for many businesses and individuals. As the world adjusts, contentious issues will inevitably arise - performance may not be forthcoming and contracts may be breached.
In these challenging times, parties may want to pursue their claims but have a heightened need to maintain control of their legal expenditure. In order to help ‘unlock’ both of these objectives Lewis Silkin has committed to a new initiative called LS Unlock. It is designed to help individuals and businesses pursue claims by removing or reducing the cost risk of litigation.
LS Unlock comprises a free initial assessment of significant commercial claims together with a menu of alternative fee arrangements which can reduce and, in certain cases, eliminate the upfront cost of pursuing a claim.
LS Unlock is designed to:
- Generate greater certainty and predictability in respect of litigation costs
- Provide innovative solutions which go beyond discounted hourly rates
- Share risk and reward, so that Lewis Silkin has “skin in the game”
LS Unlock enables us, in these difficult times, to work in true partnership with you. Whatever your needs, our specialist commercial disputes team can find the right solution for your situation.
Commitment-Free Initial Assessment
In the current climate, businesses and individuals may be reluctant to engage in dispute resolution. This may be because they are unsure of their position and do not wish to spend time and money assessing the legal merits of their case or continuing a case that is underway.
In order to provide assistance, Lewis Silkin will commit to spend up to 5 hours of our time without charge helping businesses and individuals assess their significant commercial disputes. We will use that initial time to talk to you, assess key evidence in the case and consider the practical options that are open to you.
Our offer is available to both existing and new clients and helps to ensure that you can access a commitment-free initial assessment of your commercial dispute.
We hope this initiative will be a real benefit in these challenging times.
Next Steps - Reducing and Eliminating Upfront Cost
Once we have completed an initial assessment you can take an informed decision about whether you wish to pursue your claim. LS Unlock includes a range of alternative fee arrangements which will allow you to move forward in a way that reduces or eliminates your upfront costs.
- Fixed Fees
- Blended Rates
- Fee Estimates With A Collar
- Conditional Fee Agreements
- After The Event Insurance
- Damages Based Agreement
- Third Party Funding
We invite businesses and individuals involved in significant disputes to get in touch and see how we can assist.
Do dispute resolution clauses have immunity from Covid-19?08 June 2020
The economic impact of Covid-19 on businesses is profound. Government restrictions, supply chain and logistics challenges, cash-flow pressures and employment issues are all affecting the ability of businesses to comply with contractual obligations. Such instability and uncertainty is likely to result in an increase in disputes.
But you promised! Even without a written contract, promises can be enforced and rights given up.19 May 2020
Broken promises in commercial life can leave businesses in real difficulties. That feels particularly unfair when a party’s only mistake was to take the other at its word. Which is why in the normal course of things businesses should have written contracts to remove risk and uncertainty.
Under pressure: what kind of pressure makes a contract unenforceable?13 May 2020
We live in incredibly challenging times. Ongoing government restrictions, and the wider economic impact of the COVID-19 pandemic, have made the performance of many commercial contracts very difficult, if not impossible. As a result, some parties may seek to avoid their obligations altogether, whilst others may seek to amend them.
When disputes arise, they can often have far-reaching implications for the rest of a business.
Covid 19 - Coronavirus
Our advice on responding to the coronavirus outbreak.