£550 AN HOUR ALLOWED IN BUDGET
Kerry Underwood offers consultancy services in relation to this and other matters and details are here.
In
Arcadia Group Ltd & Ors v Telegraph Media Group Ltd (Rev 1) [2019] EWHC 96 (QB) (23 January 2019)
the Queen’s Bench Division, in a costs budgeting exercise, allowed a rate of £550 per hour on a between the parties basis for a partner in injunction proceedings concerning restraining the Telegraph Media Group from publishing information about the claimants.
The rate was reduced from £690.
A trainee rate of £190 per hour was allowed.
The decision was by a full High Court Judge.
Leaving aside the actual rates, it is of concern that the Judge referred to the Guideline Hourly Rates, which were never meant to apply to this type of case, and which have not been uprated since 2010.
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