Value of the Unit
21 Sep 04
Recommended value of the Unit for 2004 and where to find changes to the Table of Fees
Following the annual Survey of Legal Practices which provides the information for review of the recommended value of the Unit, with effect from 1 January 2004 the recommended value of the Unit in Chapter 3 of the Table of Fees for General Business will be £11.30.
The Table of Fees will be updated with effect from 1 January 2004 and will be posted on the Law Society website at www.lawscot.org.uk. The changes are significant, particularly to Chapter 1 (General Regulations) paragraph 5; Chapter 3 (Detailed Charges); Chapter 5 (Executries and Trusts) and Chapter 10 (Negotiated Settlements of Compensation Claims). For those who wish a paper copy please contact Lisa Hamilton at Law Society of Scotland, 26 Drumsheugh Gardens, Edinburgh EH3 7YR or LP 1 Edinburgh - 1.