🆕 𝐋𝐞𝐠𝐚𝐥 𝐮𝐩𝐝𝐚𝐭𝐞 🎄 Holiday Tradition Continues: Hungary’s legislative changes under the tree It seems Hungary’s lawmakers have turned year’s end into a legislative gift-giving tradition, once again leaving lawyers and litigants with new rules to unwrap as we head into 2025. Much like opening presents on Christmas morning, you might find some surprises inside! 🎁📜 What’s inside this year’s package? 👉 𝐌𝐨𝐫𝐞 𝐏𝐫𝐞𝐝𝐢𝐜𝐭𝐚𝐛𝐥𝐞 #AttorneyFees: Courts must now justify any fee reductions, giving litigants a clearer idea of their financial exposure. This greater predictability aligns with global trends favoring #costtransparency - and may even encourage third-party litigation funding by making outcomes more calculable. 👉 𝐓𝐢𝐞𝐫𝐞𝐝 𝐒𝐭𝐚𝐦𝐩 𝐃𝐮𝐭𝐢𝐞𝐬 𝐰𝐢𝐭𝐡 𝐍𝐨 𝐔𝐩𝐩𝐞𝐫 𝐋𝐢𝐦𝐢𝐭: High-value claims no longer benefit from an artificially low price tag. As litigation costs scale with the dispute’s value, parties can’t rely on bargain-level filing fees anymore. Instead, factors like procedural flexibility, enforcement options, confidentiality, and the expertise of decision-makers will guide choices about where and how to resolve disputes. Our latest article delves into these end-of-year reforms and explains how they reshape the cost landscape of Hungarian #litigation. Read the full article and let us know in the comments what you think: a welcome gift or just more wrapping to peel off? 👇 #Hungary #LegalReforms #LitigationFunding
