Steadfast Solicitors Ltd
General Fee Structure
The hourly rates quoted on this page are correct as at 1 January 2020.
Initial Telephone Calls
We will never charge for these, they are typically 5 to 15 minutes, though at times, they have been considerably longer.
Standard Hourly Rates
Chris Tuckett (Solicitor) £180 + VAT per hour
Arash Andalibi-Abadan (Consultant Solicitor) £180 + VAT per hour
Maria Bamieh (Consultant Barrister) £180 + VAT per hour
Para legals £100 + VAT per hour
Solicitors Guideline Rate
Steadfast Solicitors Ltd is primarily focused on litigation and as such we are mindful of the Solicitors’ guideline hourly rates.
The usual rule in the Civil Court is that the lower pays the winners costs. There are exceptions to this, for instance in the small claims Court.
In order to decide how much should be awarded, the Court will assess the reasonableness of the time spent on various pieces of work; they will also consider the hourly rate of the various people involved.
Guidelines have been prepared, these are routinely used in the decision making for the assessment of costs. This information can be found at https://www.gov.uk/guidance/solicitors-guideline-hourly-rates.
Steadfast Solicitors is based in NW2 and W5 post codes, both of which are London grade 3.
Chris Tuckett is a grade A Solicitor
Arash Andalibi-Abadan is a grade C Solicitor
The below is accurate as of the 1 January 2020 and taken from the above mentioned website.
|Pay band||Fee earner||London grade 1||London grade 2||London grade 3||National grade 1||National grade 2||National grade 3|
|A||Solicitors and legal executives with over 8 years’ experience||£409||£317||£229–£267||£217||£201||£201|
|B||Solicitors and legal executives with over 4 years’ experience||£296||£242||£172–£229||£192||£177||£177|
|C||Other solicitors or legal executives and fee earners of equivalent experience||£226||£196||£165||£161||£146||£146|
|D||Trainee solicitors, paralegals and other fee earners||£138||£126||£121||£118||£111||£111|
Impact of the Solicitors Guideline Rates
If the Solicitor that you instruct is charging £350 + VAT per hour and he is a grade B based in Bristol. He will only be able to charge for a National Grade 1 rate or up to £192 + VAT an hour.
Correspondingly, even if you are successful in the litigation, you will have to fund the difference, in this case (for a Bristol Solicitor) it will be £350 – £192, a short fall of £158 + VAT for each and every hour that your own Solicitors claims.
Other Hourly Rates
We are willing to negotiate on this.
Other potential funding structures
Conditional Fee Agreements.
It is rare that we will enter these, however, we will consider them.
We are also willing to consider a partial conditional fee agreement, in such an agreement a reduced hourly rate would be agreed which has to be paid initially, however the rest would be contingent on the whether the case was successful.
Damages Based Agreement
A damages based agreement is an agreement between this firm and our client, whereby you agree to pay a percentage share of the damages if the case is won against the opponent.
It is rare that we will enter these.
These are payment made on behalf of the client. These include Court fees, Barristers fees, Land Registry Fees etc. Usually these will not be included in a Conditional Fee agreement or a Damages Based Agreement.