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A matter of time: guideline hourly rates (Pt 2)

25 February 2021 / Julian Chamberlayne
Issue: 7922 / Categories: Features , Profession , Legal services
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In his second update, Julian Chamberlayne discusses national banding & the impact of enhancement factors on recommended rates
  • London: a rebranding.
  • National 1 and 2: a substantial convergence.
  • Complexity/value enhancement.
  • Looking ahead.

In the first article in this series, I considered the background and methodology behind the Civil Justice Council (CJC) working party report on the Guideline Hourly Rates (GHR) of 8 January 2021. I now consider its analysis and recommendations for London, the national bandings and the enhancement factors that can be applied in cases of complexity, importance or high value.

London

The GHR previously divided London by firms located in the City, central London and outer London. The CJC’s report recommends retaining three categories but rebrands them as London 1, 2 and 3.

London 1 is no longer based on firms being located in the City of London. Instead, it is intended to exclusively relate to very heavy commercial and corporate work undertaken anywhere in London. While at

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Muckle LLP—Rachael Chapman

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NEWS
One in five in-house lawyers suffer ‘high’ or ‘severe’ work-related stress, according to a report by global legal body, the Association of Corporate Counsel (ACC)
The Legal Ombudsman’s (LeO’s) plea for a budget increase has been rejected by the Law Society and accepted only ‘with reluctance’ by conveyancers
Overcrowded prisons, mental health hospitals and immigration centres are failing to meet international and domestic human rights standards, the National Preventive Mechanism (NPM) has warned
Two speedier and more streamlined qualification routes have been launched for probate and conveyancing professionals
Workplace stress was a contributing factor in almost one in eight cases before the employment tribunal last year, indicating its endemic grip on the UK workplace
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