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15 December 2023 / Dominic Regan
Issue: 8053 / Categories: Opinion , Profession , Costs , ADR , Personal injury
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The insider: 15 December 2023

151501
Dominic Regan signs off the year covering a flurry of late developments without equal this century

A pay rise! Good riddance to Latin in judgments! That old tosh about judges being powerless to order ADR sent to recycling! Major Supreme Court guidance handed down about expert evidence (and lay witnesses too). It has all kicked off over the last few weeks. This flurry of late developments is without equal this century.

Guideline hourly rates go up on 1 January. The increases are approximately between 6–7%. How generous are the revised figures? While any enhancement is welcome, there is not much cause for ecstasy.

I sought the views of Andrew McAulay who is top banana in costs at Clarion Solicitors. His firm deals with costs on behalf of over 200 law firms and advises counsel too: ‘The increase doesn’t align with what is happening commercially in law firms. Also, Grade A work (outside of the City) for complex and high value multi track work is often charged at £400 minimum.

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MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

Private wealth disputes team adds contentious probate specialist

Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
Brabners commercial disputes partner Jeff Lewis has been elected deputy vice president of the Law Society.
The annual, epic Tour de Law 2026 returns on 14 October, giving legal professionals up and down the country the opportunity to go head-to-head in a cycling tournament like no other
Delays in the criminal court vary dramatically across England and Wales, analysis by the Law Society has found
Behind the profession’s polished exterior, lawyers are ‘internally drained rather than physically tired’, according to a stark assessment of burnout in legal practice
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