The Law Society of Hong Kong ("the Law Society") announced to its member in a circular on 11 December 2017 that the Solicitors' Hourly Rates (SHR) on party and party taxation in civil proceedings will be increased, effective from 1 January 2018 onwards. While the SHR does not govern the fees charged by solicitors to their clients (which is a matter to be agreed between them), this will mean that the winning party of an action can recover a higher sum of legal costs for work done by their solicitors from the losing party. The existing rates will continue to apply for work done by solicitors up to 31 December 2017.
Visit us at www.mayerbrownjsm.com
Mayer Brown is a global legal services organization comprising legal practices that are separate entities (the Mayer Brown Practices). The Mayer Brown Practices are: Mayer Brown LLP, a limited liability partnership established in the United States; Mayer Brown International LLP, a limited liability partnership incorporated in England and Wales; Mayer Brown JSM, a Hong Kong partnership, and its associated entities in Asia; and Tauil & Chequer Advogados, a Brazilian law partnership with which Mayer Brown is associated. "Mayer Brown" and the Mayer Brown logo are the trademarks of the Mayer Brown Practices in their respective jurisdictions.
© Copyright 2016. The Mayer Brown Practices. All rights reserved.
This article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein. Please also read the JSM legal publications Disclaimer.