Expenses/ Disbursements Counsel's fee estimate is between £2,000 to £2,500 for the first day trial preparation and £800 to £1,500 per day for each subsequent day of the trial. Fees are dependent on the experience of counsel.
Average Fee Ranges At the beginning of the matter, we will provide an estimate of our likely charges however as there are so many variables in a matter such as this it may become necessary to revise our estimate. Any estimate revision will be fully discussed with you before any additional work is undertaken.
Additional factors:
The above are average prices based on recent instructions and assume a straightforward transaction without unforeseen complexity or issues. The actual cost will depend on the details of your particular transaction and whether any additional matters must be taken into account. Additional matters which can increase costs include, but are not limited to:
- the other side acting in person;
- the costs being disputed by the other side;
- there being more witnesses or documents than normal;
- preliminary issues which may need to be determined by the tribunal.
Items To Note The costs include the work involved with reviewing the relevant documents and advising on relevant legal principles, liaising with the Advisory, Conciliation and Arbitration Service, monitoring the prospects of settlement, making or defending the claim, preparing for and attending a case management conference, preparing witness statements and other relevant documents, preparing or agreeing upon a trial bundle, preparing for and attending the hearing, arranging advocacy on your behalf and dealing with remedies and compensation following the hearing. We will ask you to pay money at the beginning of the matter and again at particular stages of the case. If we agree to defer the payment of our costs by entering into a damages-based agreement or a conditional fee agreement, our fees are not payable until the end of the work. You will be asked to pay money that is due to other people as those costs arise during the case. The costs quoted above do not include enforcement action or any appeals.
Timescale
Matters usually take 12 to 18 months to reach a final hearing. If there is an appeal or enforcement action is needed, the matter will take much longer to resolve.