Maximum amount of claim-related costs that may be charged and recovered
71E Maximum amount of claim-related costs that may be charged and recovered
This section applies if—
a law practice has the conduct of a speculative personal injury claim; and
the Legal Profession Act 2007, section 347 does not apply to the practice.
The maximum amount of claim-related costs the law practice may charge and recover from a client for work done in relation to the claim can not be more than the amount worked out using the formula stated in the Legal Profession Act 2007, section 347(1).
However, approval to charge and recover a greater amount may be applied for and approved in the way described in the Legal Profession Act 2007, section 347(2) to (4).
This section applies to a barrister only if the barrister has not been retained by another law practice.
This section applies despite anything to the contrary in the costs agreement that relates to the claim.
In this section—
claim-related costs see the Legal Profession Act 2007, section 347(8).
speculative personal injury claim see the Legal Profession Act 2007, section 346.
This Act’s bill:Explanatory memorandum
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