There are a number of benefits that flow from instructing a law firm with specialist expertise.
The legal cost benefit arises out of the fact that the amount of time a solicitor spends on a case forms the basis of his / her charge and so the more time spent on the case, the greater the solicitor’s charge.
More time will be spent on a case when:
- It requires greater skill and specialised knowledge; and / or
- It is particular complex, difficult or novel.
But a specialist solicitor (i.e. one that practises exclusively in a limited number of discreet practice areas) will already possess the greater skill and specialised knowledge and is less likely to find a case in those practice areas as complex, difficult or novel. In the circumstances, the specialist solicitor will provide his / her advice, and carry out tasks on your behalf, in less time and so his / her overall charge will be less than that of another, less specialist solicitor having the same hourly rate.