(published in adapted format in Law Society Journal, November 2011, Volume 49, page 34)
This article examines the recent Supreme Court decision of Ventouris Enterprises Pty Ltd v Dib Group Pty Ltd & Anor (No. 4) [2011] NSWSC 720 (28 June 2011) where Ms Ward provided expert opinion for the costs respondent.
The decision confirmed the view of Ms Ward that breaching particular costs provisions of the New South Wales Legal Profession Act 2004 [specifically, section 324(1)-(2)] will result in significant and drastic consequences for a law practice.
The article also provides a helpful explanation of the relationship between party party and solicitor client costs and the indemnity principle.
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