CFA judgment will affect insurers' costs, says Ricksons

Law firm Ricksons Solicitors has won a judgment over conditional fee agreements (CFAs), which it claims will affect insurers' future costs.

In Berryl McCreery v Massey Plastic Fabrications, McCreery had refused to disclose the contents of the CFA to the insurers, maintaining the documents were privileged.

However the judge ordered that the McCreery's CFA should be disclosed.

Ricksons' Manchester office partner, Simon Denyer said: "In this case the judgment encouraged early disclosure of the CFAs which means that insurers will be able to look at all of the details of the claim for costs at a very early stage, so that a satisfactory agreement will be capable of being reached, if the regulations have been complied with.

"I am sure it will be very influential on the question of disclosure of CFAs."