Since the abolition of the Law Society's Scale of Charges in the early 1980s, all law firms have struggled with the notion of what constitutes a fair and reasonable fee, having regard to the interests of both the client and the practitioner.
Billing of legal services is not just a mystery to most clients. Frankly, it is a mystery to most lawyers - a situation exacerbated by the fact that over the last 25 years, there has been an unwillingness to openly discuss the issue.
Now with the assurance of anonymity, firms are able to take part in our highly practical day to day fact scenario based fee benchmarking surveys. The reports, graphs, tables and analysis coming out of these surveys is providing firms with invaluable data with which to make their own pricing decisions.
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