As Solicitors costs are being driven down under the new regime it appears that Court fees could be significantly increased under proposals put forward by the government.
Court fees for litigants in commercial money claims could rise from under £3,000 to more than £21,000 under plans by the Ministry of Justice for a percentage-based fee system.
Daily rates of £1,000 for hearings, trial of a preliminary issue, or substantive trial of claims, could also be introduced, to offset the actual cost of court time.
Click here to view the consultation paper issued by the government on Tuesday.
The consultation will run until 21 January 2014 and the government expects to make changes to the fees, depending on the outcome of the consultation, in spring and summer 2014.