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Publication
Merger law reform in Australia: What next after the Exposure Draft?
As expected, the Australian Commonwealth Treasury released an exposure draft for the proposed new Australian merger regime on 24 July 2024.
Global | Publication | January 2023
Our pricing for bringing and defending claims for unfair or wrongful dismissal will depend on the complexity and particular circumstances of the case. As such, the costs could fall within the range of £50,000 (excluding VAT charged at 20%) (for a straightforward claim, single issue, with no preliminary issues, listed for a one day hearing with counsel representation, with one witness and limited documentation) to £1.5 million (excluding VAT) (for a more complex, multi issue claim, listed for 10 days, with over 5 witnesses, large amounts of documentation and a number of preliminary hearings). Any such fees will depend on the cases complexity and the factors affecting such costs are listed below.
Any allegations of discrimination or other claims are not included within this range of costs and will be additional costs.
The above range is based on our headline hourly rates of £235.00 – £795.00 per hour. The applicable hourly rate will vary according to the seniority and experience of the fee earner(s) involved. The appropriate fee earner will be determined depending on the complexity, issues and deadlines involved in the case. A full estimate relating to your specific case can be obtained by contacting us with your detailed requirements.
There will be an additional charge for attending a tribunal hearing of approximately £5,000 (per day) (excluding VAT) depending on the level of fee earner who attends the hearing. For the length of time for the case see “How long will my matter take?” below.
The following factors may lead to a case being considered simple, medium or a high complexity case and will therefore have an impact on the costs arising:
Disbursements are costs related to the matter that are payable to third parties such as court fees. In the employment tribunal there will be no specific court fees. We will handle payment of the disbursements on your behalf to ensure a smooth process.
Counsel’s fees are effectively a disbursement and will be additional to our costs set out above. Counsel’s fees are estimated as between
Factors such as the experience of the advocate instructed, the chambers instructed, the length of the hearing and the complexity of the case as shown above will affect the level of counsel’s fees.
The fees set out above cover all of the work in relation to the following key stages of a claim:
The stages set out above are an indication, and if some of the stages above are not required this will have an impact on the level of the fees.
The time that the matter takes from taking initial instructions to the final resolution of the matter will depend largely on the stage at which your case is resolved if at all. If a settlement is reached during pre-claim conciliation your case is likely to take 26 weeks. However, if your claim proceeds to a final hearing, your case is likely to take 104 weeks. In addition, there are delays in many tribunals and the claim may therefore not be heard for a significant period of time. This is just an estimate and we will of course be able to give a more accurate timescale once we have more information and the matter progresses.
Your matter will be dealt with by our employment and labour team and the team to be appointed will depend on the nature and complexity of your claim. Refer to the key contacts list below for details of the experience of each member of the team.
Legal notices and disclaimers | United Kingdom | Global law firm | Norton Rose Fulbright
Publication
As expected, the Australian Commonwealth Treasury released an exposure draft for the proposed new Australian merger regime on 24 July 2024.
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