Value Pricing and Assessments of Costs: Part 2
Further to my post on value pricing and the Legal Profession Act, there was an interesting development in the Victorian Supreme Court Costs Court this morning, when the Judicial Registrar refused to order that a law firm deliver an itemised bill setting out a charge against each item of work, in circumstances where the agreement was to charge on a fixed fee basis. The client's lawyer argued that an itemised bill required each description of work to have a charge attributed to that work. The Judicial Registrar held that this was not appropriate where a fixed fee was charged. The argument was part of a callover and is therefore not reported. In my previous post, where charging a fixed fee, an itemised bill would detail the work, setting out the documents prepared (perhaps detailing the various drafts), letters and emails sent and received, telephone calls and other attendances, and any other work. It would be preferable to be able to detail the length of each attendance.