Barristers' boycott could threaten Libor cases
Cuts to legal aid fees will hamper complex fraud trials
Yesterday's decision by a judge to abandon a fraud trial in London due to legal aid cuts could endanger trials of those accused of rigging the Libor interbank rate.
The Public Defender Service for England and Wales had been unable to recruit barristers to represent the defendants in R. v Crawley and others, due to government-imposed 30% cuts on the fees paid to lawyers in the longest and most demanding cases – those expected to last more than 60 days or cost one side more than £150,000
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