The estimated outstanding third-party Tribunal legal costs arising arising from public hearings of The Mahon Tribunal. Discovery costs are based on the number of pages discovered pursuant to orders of the Tribunal – an estimated 1.6 million pages at €35 per page.
Brief fees are estimated to be €27,866,599. These are calculated on the basis of 300 solicitor briefs at €50,000 each; 122 barrister briefs at €33,333 each and 203 senior counsel briefs at €50,000 each.
The senior counsel attendance rate is estimated at €4,000 per day (total €2,824,000 for 706 days) while the corresponding figure for junior counsel is €2,667 per day (total €3,147,000 for 1,180 days). Solicitors costs are based on 1,759.5 days attendance.
The breakdown is:
|Representation at Public Hearings||€ 51,432,559|
|Third-party discovery costs||€ 56,000,000|
|Outstanding Third-Party costs||€ 6,000,000|
|Miscellaneous costs||€ 4,000,000|
|After 20% reduction||€ 93,946,127|
|Tribunal costs paid to the end of 2011||€ 97,351,980|
|Tribunal own estimated costs 2012 onwards (including litigation costs and taking account of the projected reduction in Tribunal’s staffing and other costs)||€ 5,000,000|
|ESTIMATED GRAND TOTAL||€196,298,107|