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 |
TOTAL | €117,432,659 |
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 |
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