header-logo header-logo

08 January 2025
Issue: 8099 / Categories: Legal News , Profession , Fees
printer mail-detail

Fees uplift as guideline hourly rates rise

Commercial and corporate fee earners in London with more than eight years’ experience are valued at £566 per hour, following an uplift to the solicitors’ guideline hourly rates.

The rise, applicable from this month, pushes the rate up £20 from last year for band one, while their colleagues with equivalent experience in the City and central London receive £413 (£398), in outer London receive £312 (£301), in national band one receive £288 (£278), and in national band two receive £282 (£272).

At the other end of the spectrum, trainee solicitors and paralegals receive £205 in band one and £139 in band five.

Sir Geoffrey Vos, Master of the Rolls, said he requested the Civil Justice Council take ‘a strategic and holistic look at costs, particularly given the ongoing transformation of civil justice into a digital justice system’, in 2022.

Last year, the rates were increased by 6.66% using the service producer price inflation (SPPI). This year, using more recent SPPI figures, the rates have risen 3.65%.

Issue: 8099 / Categories: Legal News , Profession , Fees
printer mail-details

MOVERS & SHAKERS

Walkers—Muriel Marseille

Walkers—Muriel Marseille

Ashurst's Chief Risk Officer joins Walkers

Excello Law—John Osborne

Excello Law—John Osborne

Northern family lawyer John Osborne joins Excello

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

Trio of promotions announced at Kidderminster law firm mfg Solicitors

NEWS
Rejecting a generous settlement can prove an expensive mistake, as two recent high-profile cases demonstrate
The Senior Courts Costs Office has clarified that judges conducting detailed assessment proceedings cannot order security for costs—a ruling that may leave successful parties exposed to further litigation expense
A sole director can conspire with their own company for the purposes of the tort of unlawful means conspiracy, the High Court has ruled in a judgment with potentially wide implications for business disputes
The Court of Appeal has reinforced that domicile depends on intention rather than residence alone, in a significant post-Brexit ruling on cross-border financial remedy claims
The Chancery Division's long history comes to an end this autumn as it is reborn as the Business and Property Division, prompting questions over whether the shake-up is really necessary
back-to-top-scroll