Long-awaited legislation on legal fees on way

LONG-AWAITED legislation and the recommendations of a 2005 report which investigated ways of reducing legal costs may finally be put into practice under the Government’s four-year rescue plan for the economy.

Under the plan, the Government wants to introduce a package of measures to reduce legal fees across the board.

One of the main areas of focus will be to prioritise publication and enactment of the Legal Costs Bill, which promised to provide for the regulation and assessment of legal costs. The idea first aired as far back as 2003.