Level of costs involved in a High Court case?

Sparks

A hopefully-simple question folks - how much money are you talking about for a high court case on a point of company law? Rough ballpark figure, I mean.

Our man in Havana

How long is a piece of string?

Depends on how many days it goes on for and how many barristers are employed. I would say €3-4K a day for your side and similar for the oppositition.

Gobán Saor

I think this might be on the low side. Don't forget you will incur a lot of cost before you even arrive at the four goldmines. For a recent case lasting 6 days at trial plus interlocutory injunction hearings, estimated costings were €250,000 pre-trial, €10-15k per day for our side. Similarly for the other side. Two senior, one junior each side.

Oh, and plus VAT!

dats_right

It depends entirely on the complexity of the matter and how long the issue goes on (both pre-trial and trial). The level of work involved by your solicitor, brief fees for senior and junior counsel, pleadings, correspondence, etc.

Very rough ball park figures could be something like, €7,500 brief fee for SC and maybe €1200-1400 per day, €5000 brief fee for BL and €500-1000 per day. Pleadings could be expensive and would be handled by the junior could be €1000-50,000+ (depends on complexity and volume of work). Solicitors fees depends on several factors. They'll charge you for initial instructions, opening a file, all the correspondence they have to send out, phone calls, faxes, photocopying, time spent on file by solicitor and other staff, etc. Who knows how much this will cost. I suppose €15000-100,000+..

focusing

When you say "on a point of law" what do you mean?

If both sides agree on the facts and don't bring up any preliminary matters and there are no witnesses, then you'll save a fourtune, since you'll only need a day for legal arguments.

If it's a straight-forward question, there's no need for a Junior and Senior on both sides.