LCRO 007/2017 NT YR v HV [pdf, 89 KB]
...engagement, and passed the file on to the complainants’ new lawyers. [31] It is not a simple exercise to calculate the amount to charge for a fair and reasonable fee. There is no simple formula. Fee setting requires the exercise of professional judgement. Mr HV had to exercise some caution. He was obliged to act in the best interests of the estate, and to administer the estate in accordance with the will. He was answerable to the beneficiaries and to the complainants for his fees...