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£43 AN HOUR.

SIR E. CLARKE THE BEST-PAID PROFESSIONAL MAN.

Sir Edward Clarke, K.C., has been earning money at the rate of £45 6s 8d an hour in the cases brought against Mr. Labouchere. This is barely 3d a second ; but it stamps him as the best-paid professional man in England. Sir. Labouchere has defended many actions but it is doubtful whether he has had to defend more costly cases than those brought against him lately by Lord Suffield and Mr. Cowen.

Approximately, the cost works out as follows up to May s:— . In Lord Suffield's case Mr. Labouchere had four counsel. The case proceeded three days. Sir Edward Clarke's brief was marked 500 guineas, with a refresher of not less than fifty guineas a day, the total working out at about 650 guineas. Mr. Shee, according to the etiquette of the profession, receives anything from two-thirds to three-fifths of his leader's fees —i.e., a minimum of 434 guineas. Mr. Eldon Bankes and Mr. Shearman pro rata • get 290 and 194 guineas respectively. The total counsel's fees for the Suffield case thus amount to about 1550 guineas. In Mr. C'owen's case counsel have proceeded for two days instead of three, and the total sum paid by the defendant in fees to counsel to date must be about 1000 guineas. The cost of Mr. Labouchere's counsel in the two cases is therefore . about 2500 guineas. To this must be added the cost of interlocutory proceedings and solicitors' costs, which cannot be less than 2000 guineas, making a grand total of 4500 guineas. On the plaintiff's side, Mr. Rufus Isaacs' brief in the Suffield case was marked 250 guineas, with a correspondingly good refresher. Two junior counsel assisted, so that counsel's fees amounted to about 850 guineas. In the Cowen case Mr. Lawson Walton's brief for plaintiff is marked 250 guineas, and he has two junior counsel assisting, rhe total cost is about 560 guineas, bringing the amount for both cases' to about 1500 guineas. To be added to this there is the of interlocutory proceedings and solicitors fees, which must come to 1000 guineas. To sum all these figures up, the plaintiffs' costs to date in both cases amount to as nearly as possible 2500 guineas, making a grand total of costs on both sides in both cases of something like 7000 guineas, or X> I ob\)»

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19020625.2.67

Bibliographic details

New Zealand Herald, Volume XXXIX, Issue 12001, 25 June 1902, Page 6

Word Count
546

£43 AN HOUR. New Zealand Herald, Volume XXXIX, Issue 12001, 25 June 1902, Page 6

£43 AN HOUR. New Zealand Herald, Volume XXXIX, Issue 12001, 25 June 1902, Page 6