A modern tale of the cost of litigation in London starkly highlights grumbles that the commercial court is being priced out of the international market. A QC relates that he was recently instructed by the Paris office of an international law firm in a commercial dispute that went to trial in the UK capital. The other side instructed a leading City of London practice. The French won, and when it came to costs, that side’s silk had a bit of a surprise. “I was shocked to see that the London-based lawyers had billed twice as much as their Paris opposites,”…

Source: The Times September 14, 2016 23:04 UTC