New Guideline Hourly Rates from October 1st 2021
New Guideline Hourly Rates from 1 October 2021
Legal professionals must be aware that there are new Guideline Hourly Rates to be used from 1 October 2021. This is the first uplift for 11 years!
The new rates are as follows:-
Guideline hourly rates
| Grade | Fee earner | London 1 | London 2 | London 3 | National 1 | National 2 |
| A | Solicitors and legal executives with over 8 years’ experience | £512 | £373 | £282 | £261 | £255 |
| B | Solicitors and legal executives with over 4 years’ experience | £348 | £289 | £232 | £218 | £218 |
| C | Other solicitors or legal executives and fee earners of equivalent experience | £270 | £244 | £185 | £178 | £177 |
| D | Trainee solicitors, paralegals and other fee earners | £186 | £139 | £129 | £126 | £126 |
The rates have increased by approximately 20% which is welcome news.
A new Guide to accompany the rates can be found here:-
Guide to the Summary Assessment of Costs 2021 (final) (judiciary.uk)
In addition to the new rates at Appendix 2, the Guide provides an extremely helpful summary of the key principles underlying the assessment of costs which is certainly worth a read.
If you require any further information about this article please contact Solicitor Catherine Burgess at cburgess@bowcockcuerden.co.uk
