Home Front

'No win, no fee' set-ups could change law practice

Singapore is looking at introducing conditional fee agreements for arbitration cases, letting lawyers get paid only when they win cases. How will this 'uplift' change commercial dispute resolution practice and should it be expanded to other legal areas?

In a move that legal watchers say will inject more buzz into the local legal ecosystem, Singapore is considering introducing conditional fee agreements (CFAs), in which a lawyer is paid only when a claim is successful. And there can be an "uplift" or success fee on top of standard legal fees, too.

Commonly called a "no win, no fee" scheme, it has been in practice in countries such as Britain and Australia for some 20 years at least.

Please or to continue reading the full article. Learn more about ST PREMIUM.

Enjoy unlimited access to ST's best work

  • Exclusive stories and features on multiple devices
  • In-depth analyses and opinion pieces
  • ePaper and award-winning multimedia content
A version of this article appeared in the print edition of The Straits Times on September 05, 2019, with the headline ''No win, no fee' set-ups could change law practice'. Print Edition | Subscribe