Conditional fee agreements, Costs, Costs in arbitral proceedings, Counsel, Counsel fees, Hong Kong

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Herbert Smith Freehills

At present, Hong Kong lawyers are prohibited from charging outcome related fees in arbitration. As discussed in a previous blog, the landscape started to change since the publication of a Consultation Paper by the Outcome Related Fee Structures for Arbitration Sub-committee (the “Sub-committee“) of the Law Reform Commission of Hong Kong (the “Commission“). The Sub-committee…