Senior lawyers in bank inquiry charged €264 an hour

Lawyers providing expert advice to the Oireachtas banking inquiry have been charging the inquiry a whopping €264 per hour.

Senior lawyers in bank inquiry charged €264 an hour

This is revealed in new figures released by the House of the Oireachtas Commission which show the banking inquiry’s mounting legal costs last year contributed to the Commission’s payments to counsel and external solicitors increasing more than six-fold from €34,804 in 2013 to €207,227 last year.

In one instance, Charles Meenan SC charged €264 (excluding Vat) per hour where he was paid €5,940 for 22.5 hours work during September and October of last year.

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