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Those costs figures put in by the Law Society’s solicitors are frankly a disgrace. 275 hours to review 120 pages of witness evidence? Over 2 hours per page? Utterly absurd. Not to mention m’learned friend’s £16,000 to do the same job.
This is way beyond a `generous estimate’. It smacks of deliberate gross exaggeration, no doubt on the principle of asking for far more than you ever expect and be prepared to negotiate down to what you wanted in the first place.
But it’s a shocking way to behave, and the Law Society should be ashamed of itself for allowing such conduct to take place on its behalf.
There should also be sanctions imposed on firms that submit costs budgets that are so exaggerated. For example, if the reduction ordered exceeds, say, 25% every additional pound taken off thereafter should carry an additional 50p penalty reduction. The only way such greed can be countered is by hitting them hard in the pocket.