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Judge slashes costs after conditional fee agreement deemed unreasonable and unfair

The Senior Courts Costs Office has thrown out a conditional fee agreement (‘no win, no fee”) deemed to be unreasonable for the client. Master Gordon-Saker said the £420 hourly rate of the law firm which drew up the agreement was more akin to a top fee earner in the City doing complex, high value work and could not be justified.

The client was billed £31,945 by his solicitors. Costs were reduced by the court on detailed assessment of the bill to £15,323.

(Source – Law Society Gazette)