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A claim for damages for professional negligence is settled on terms that the defendant surveyor must pay to the claimant damages of £60,000 together with the claimant’s legal costs, to be assessed on the standard basis.
A year ago, the claimant had entered into a written conditional fee agreement with her solicitor which provided for a success fee of 90%. The solicitor has calculated his professional charges at £20,000 before addition of the success fee and VAT.
What sum may the solicitor charge the client for his professional fees, net of VAT?
A. £15,000
B. £18,000
C. £30,000
D. £35,000
E. £38,000
E - £38,000
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Find out what happens after passing the SQE and admission to the roll of solicitors.