Lawyers settle tycoon Bob Kidd’s fight over £6m fees
Lawyers settle tycoon Bob Kidd’s fight over £6m fees
A businessman suing a legal firm and an advocate after being charged millions of pounds in fees has received a payment to settle his case.
Oil tycoon Robert Kidd took Levy & McRae and advocate Jonathan Brown to court in 2018 over their charges of around £6 million. The fees were declared illegal by a judge last year. Mr Kidd, who comes from Aberdeen, sued for £3m and the case has now been settled with an out-of-court payment.
Jim Diamond, an expert in legal costs hired by Mr Kidd to work on the case, previously described the fees charged as the worst case of over-billing he had seen in 35 years.