Maximum legal costs of victim claims
319ZL Maximum legal costs of victim claims
The maximum amount of legal costs, inclusive of GST, that a legal practitioner may charge and recover from a client for work done relating to a victim claim that may be payable from a victim trust fund is—
if the amount recovered on the claim is $100,000 or less—20% of the amount recovered or $10,000 whichever is greater; or
if the amount recovered on the claim is more than $100,000 but not more than $250,000—18% of the amount recovered or $20,000 whichever is greater; or
if the amount recovered on the claim is more than $250,000 but not more than $500,000—16% of the amount recovered or $45,000 whichever is greater; or
if the amount recovered on the claim is more than $500,000—15% of the amount recovered or $80,000 whichever is greater.
This section applies despite any other Act providing for the assessment or payment of legal costs.
In this section—
amount recovered, on a claim, means the full amount of the damages awarded and not just the amount of the award paid from a victim trust fund.
legal costs means amounts that a person has been or may be charged by, or is or may become liable to pay to, a law practice for the provision of legal services including interest on the amounts, but not including disbursements or interest on disbursements.
This Act’s bill:Explanatory memorandum
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