Nord Neuberger, one the UKs most senior judges, has called for fixed costs for legal work. Is he right in suggesting the huge hourly rates lawyers demand ‘reward inefficiency’? And if we move towards fixed legal fees will they change the face of the profession?
The hourly rate for lawyers is an established system which has historically worked well. However as Master of the Rolls, Neuberger argues the current system penalises those who are able to bring cases to a close quickly and those with greater professional knowledge and skill. Read the rest of this entry ?
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