Legal Business

So much for the rule of law – court fees and undermining the City

Quinn Emanuel disputes veteran Ted Greeno argues that a self-defeating stance on hiking court fees will undermine London

In their piece entitled ‘Strangling the golden goose’ last month, Nigel Boardman, James Shirbin and Andrew Blake of Slaughter and May bemoaned the cost of commercial litigation in England and suggested London’s pre-eminence as a dispute resolution centre might be under threat as a result. In making this argument, they drew upon a report from the World Bank which compared the cost and ease of doing business in 189 countries around the world. One of the activities assessed was enforcing contracts and, for this purpose, the report compares and scores the cost, time and procedures involved in enforcing a claim under a sale of goods contract around the world. The UK is ranked in 36th place, suggesting our courts are relatively uncompetitive.