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08 January 2025
Issue: 8099 / Categories: Legal News , Profession , Fees
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Fees uplift as guideline hourly rates rise

Commercial and corporate fee earners in London with more than eight years’ experience are valued at £566 per hour, following an uplift to the solicitors’ guideline hourly rates.

The rise, applicable from this month, pushes the rate up £20 from last year for band one, while their colleagues with equivalent experience in the City and central London receive £413 (£398), in outer London receive £312 (£301), in national band one receive £288 (£278), and in national band two receive £282 (£272).

At the other end of the spectrum, trainee solicitors and paralegals receive £205 in band one and £139 in band five.

Sir Geoffrey Vos, Master of the Rolls, said he requested the Civil Justice Council take ‘a strategic and holistic look at costs, particularly given the ongoing transformation of civil justice into a digital justice system’, in 2022.

Last year, the rates were increased by 6.66% using the service producer price inflation (SPPI). This year, using more recent SPPI figures, the rates have risen 3.65%.

Issue: 8099 / Categories: Legal News , Profession , Fees
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