Solicitors - client account intereste rate ??

Posted by: Derek Wright on 14 June 2004

What would be a reasonable and expected good practice interest rate a solicitor should pay the client when a sum of £82000 is held for 3 months

THanks for any comments

Derek

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Posted on: 14 June 2004 by Martin D

Derek
We got offered 2.5% while my deceased in-laws estate was sorted. We told them to stuff that and got it put in an account @ 4.7% - 13 months later and its just got sorted so that was a good move to say the least.
Hope this helps
Martin