The methodology for the proposed Guideline Hourly Rates (GHR) ‘materially understates the average market rate’, Julian Chamberlayne, Chair of the Forum of Complex Injury Solicitors writes in this week’s NLJ
He contends that, under current proposals, the ‘average successful litigant, who reasonably chooses to instruct a solicitor who charges the average market rate, will be left with a cost shortfall for every hour worked’.
The Civil Justice Council published its report on GHR in January, and the consultation on its proposals runs until the end of March.
In the final instalment of his three-part series on the proposed changes to the GHR, Chamberlayne identifies flaws in the proposals, looks at the future for GHR and the impact of inflation, and suggests some remedies.
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