A challenge was made as to the legal costs on the grant of a lease of a valuable commercial property.
Held: In relation to the time spent on the business which was the third factor in the 1972 Order: ‘The magnetic attraction of factor (iii) as a foundation for assessment of fair and reasonable remuneration is that, in the absence of an approved scale applied to value, it is the only figure which is readily calculable. It is an attraction which must be sternly resisted in cases of this sort where one or more of the other factors is such as to dwarf it into insignificance.’
Judges:
Donaldson J
Citations:
[1978] 1 WLR 446, [1978] 2 All ER 920
Statutes:
Solicitors Remuneration Order 1972
Jurisdiction:
England and Wales
Cited by:
Cited – Jemma Trust Company Ltd v Liptrott, Forrester, Kippax Beaumont Lewis CA 24-Oct-2003
Solicitors sought to challenge an order disallowing a costs item for the administration of an estate which included a percentage of the estate.
Held: Despite advances in time recording, ‘we see no reason to say that it is no longer appropriate . .
Lists of cited by and citing cases may be incomplete.
Costs, Legal Professions
Updated: 06 December 2022; Ref: scu.187174