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Old 16-11-2018, 12:50 AM
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Anyone concerned about the recent proposal to scale fees in litigation / limit our earnings? Will this cause a drop in the salary of litigation associates?

Personally I think this will affect the small-mid firms the most who do the bulk of low-mid value litigation work. For high value litigation work, the rewards are still there e.g. for a 10m claim the cap is about $140k (still lower than now of course). Also doesn't affect international arbitration.

Is it still viable to go into liti?
I think Shen Yi's article on law watch today sums it up well. Either go to international firms and do arbitration, or leave the litigation bar entirely. Seriously planning to move before the reforms kick in.

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