The SRA has published updated guidelines on compliance with the SRA Transparency Rules including examples. Unfortunately the changes are not identified. We are seeing enforcement action and anticipate more.
Professional and contractual obligations to update a client when a matter escalated far beyond the initial estimate were addressed in Newman v Gordon Dadds LLP [2020] EWHC B23 (Costs). Failure to provide an estimate may result in a reduction which could be to a sum lower than would otherwise be payable for work reasonably done by the solicitor at a reasonable rate.
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