High Court reduces Costs Claim with “Extremely High” rates

In a recent case before the High Court, a party’s legal costs were reduced after it was ruled that high earners were unnecessarily engaged. The bill amounted to £1.47 million for two sets of proceedings with the hourly rates being found to be “extremely high”. Nine fee earners were involved, six of them with an hourly rate of more than £700, the highest rate being £946. In addition, the amount of work by partners was found to be “disproportionately large”. To read more, please Click Here.