Explanatory Note
(This Note is not part of the Act of Sederunt)
This Act of Sederunt amends the Rules of the Court of Session in relation to solicitors' fees in speculative actions by—
(a)enabling the solicitor and the client to agree that in the event of the success of the client the fees element in the solicitor’s account of expenses shall be increased by a maximum of 100% (paragraph 2(2));
(b)defining “success” for the purpose of determining whether the solicitor is entitled to a fee (paragraph 2(2)); and
(c)defining the fees element for the purpose of applying the agreed percentage increase (paragraph 2(2)).