Act of Sederunt (Fees of Solicitors in Speculative Actions) 1992
This Act of Sederunt applies to speculative actions in the sheriff court. It—enables 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(1));defines “success” for the purpose of determining whether the solicitor is entitled to a fee (paragraph 2(2)); anddefines the fees element for the purpose of applying the agreed percentage increase (paragraph 2(3) and (4)).