The courts are starting to recognise that the guideline hourly rates need updating, says Francis Kendall
The guideline hourly rates (GHR) are coming up to an unwelcome 10-year anniversary – the last time they were updated.
This is not good news for solicitors and the judiciary is finally taking note. In the recent case of Ohpen Operations UK Ltd v Invesco Fund Managers Ltd  EWHC 2504 (TCC), Mrs Justice O’Farrell urged a review of the GHR, saying the current levels are “not helpful” when deciding what reasonable rates should be in 2019.
She was ruling on costs after granting the defendant’s application for the claim to be stayed, pending compliance by the parties with the agreed dispute resolution procedure.
The parties agreed that the claimant should pay the defendant’s co...
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