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Hourly rate

I attended a business development lunchtime gathering for small business owners. The guest speaker briefly referred to white van man, electricians, plumbers and the like. As self-employed individuals who desire to be earning around 35-38K he claimed they should be charging £43.60 per hour. Built into this would be the the emoluments taken for granted in many employed situations where holiday pay, sick pay and pension contributions are standard.

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0 Chris Pearson over 5 years ago

wallywombat:

Round about where I live, the local council applied to the High Court for an injunction against some environmental protesters. The council's outside QC charged a daily rate of £15,000 (no that's not a typo). And that didn't include the costs of the other solicitors and support staff involved in preparing and presenting the council's case.

Perhaps we all chose the wrong career paths!

That's taking the ***! The government pays QCs up to £250/hour - info here.

The lowest level of judges earn about £500/day, the highest about twice as much.

And if you wanted to be a lawyer, you didn't leave school at 15 or 16, but carried on unpaid to 18. In my day there were no tuition fees and there were subsistence grants, albeit means tested on parental income. 3 year degree plus a year of professional training and then at least a year on pupils rates, which an apprentice would laugh at. Or you could have been a doctor with 5 - 6 years of training with no income, so start earning at age 24 - even worse!

Point is that all those years spent learning and earning nothing have to count for something.

Back to the £15k a day, equity partners in the top London commercial law firms might earn £20k/week, so if the local council paid senior counsel £15k/day, there was a problem with accountability somewhere.
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0 Chris Pearson over 5 years ago

wallywombat:

Round about where I live, the local council applied to the High Court for an injunction against some environmental protesters. The council's outside QC charged a daily rate of £15,000 (no that's not a typo). And that didn't include the costs of the other solicitors and support staff involved in preparing and presenting the council's case.

Perhaps we all chose the wrong career paths!

That's taking the ***! The government pays QCs up to £250/hour - info here.

The lowest level of judges earn about £500/day, the highest about twice as much.

And if you wanted to be a lawyer, you didn't leave school at 15 or 16, but carried on unpaid to 18. In my day there were no tuition fees and there were subsistence grants, albeit means tested on parental income. 3 year degree plus a year of professional training and then at least a year on pupils rates, which an apprentice would laugh at. Or you could have been a doctor with 5 - 6 years of training with no income, so start earning at age 24 - even worse!

Point is that all those years spent learning and earning nothing have to count for something.

Back to the £15k a day, equity partners in the top London commercial law firms might earn £20k/week, so if the local council paid senior counsel £15k/day, there was a problem with accountability somewhere.
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