Foskett J sets the record straight over the survey into guideline hourly rates
A survey of law firms gets underway today (1 November) to help set new guideline hourly rates (or GHR) for solicitors, legal executives and other fee-earners. Here, Mr Justice Foskett, who chairs the committee responsible for that work, answers some pertinent questions.
Why do we need GHRs?
The guideline hourly rates were originally developed to help judges making summary assessments of costs in civil litigation and thus deciding what solicitors and other legal fee earners should be paid by the losing side for their work on a case. However, they have a wider influence than that and are a common reference point for practitioners, clients and the judiciary. They are set formally by the Master of the Rolls.
Why are new GHRs required?
They were last updated in 2010 and the underlying evidence for the 2010 rates was itself out-dated. Successive Masters of the Rolls did not want to increase the rates based simply on inflation. They have wanted
.tmb-mov69x69.jpg?sfvrsn=1d8709f4_1)
