In this episode of the Market Affairs Podcast, Natalie Larnder is joined by Howard Dean, Head of Costs, to examine the pressures shaping legal costs in 2026. They discuss the impact of fixed recoverable costs, cost budgeting and rising guideline hourly rates, as well as the wider economic factors driving inflation across the legal sector. Howard also explores whether technology and AI are delivering genuine savings, shares his case for fixed hourly rates and offers his outlook for cost inflation over the next 12 months.
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