The costs of litigation have gone up. From 9 March 2015 court fees payable on the issue of proceedings in money claims have undergone a substantial increase. Issue fees for all claims valued at £10,000 or more are now 5% of the value of the claim, with a maximum issue fee, for all claims valued at £200,000 or more, and claims for unspecified amounts, of £10,000.
This new fee structure applies to all money claims, as well as counterclaims with a value of £10,000 or more. Issue fees for claims worth less than £10,000 are unchanged.
With its’ speed it is no wonder Adjudication is so popular.