SUMMARY ASSESSMENT AND HOURLY RATES: “SOLICITORS PROVIDING SUCH SKILL AND EXPERTISE ARE ENTITLED TO CHARGE THE MARKET HOURLY RATE FOR THEIR AREA OF PRACTICE”

In  Ohpen Operations UK Ltd v Invesco Fund Managers Ltd [2019] EWHC 2504 (TCC) Mrs Justice O'Farrell carried out a summary assessment of costs.  She also had something to say in relation to hourly rates.  There is a succinct review of the relevant principles.

"... the technical nature of the disput...

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