Top City law firms charging upto £1,100/hr

Top City law firms charging upto £1,100/hr

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robinessex

Original Poster:

11,066 posts

182 months

Friday 5th February 2016
quotequote all
Top City law firms accused of restricting access to justice by charging up to £1,100 an hour

http://www.independent.co.uk/news/business/news/to...

Mmmmmmm..............??

robinessex

Original Poster:

11,066 posts

182 months

Friday 5th February 2016
quotequote all
ColinM50 said:
And their clients have the right to pay or go elsewhere. No-ones forcing them to pay. I think it's called capitalism or democracy
Of course. Until you NEED a lawyer/barrister, then you are fked.

Quote from the Independent

"Commercial litigators would agree that the complexity of the law justifies their high fees and say that fundamentally the market determines what they can charge: if clients weren’t willing to foot the bill, they wouldn’t enter litigation. Well, up to a point. London prides itself on being the global capital for arranging complex commercial deals and resolving intricate legal disputes. That means there is plenty of custom for the capital’s top lawyers from the world’s super-rich. Yet those clients don’t justify the market rate; they distort it. For smaller businesses or less-wealthy individuals, the cost of entering a legal process is at best off-putting, at worst prohibitive. The upshot of this is unequal access to justice: or, to be rather more blunt, the subversion of justice simply to a battle of bank balances. That cannot be right."