Having described the system as “elitist” and “an opportunity to add another zero to your brief fee”, RollOnFriday – which is 50% owned by Piers Warburton, an equity partner at City law firm Ashurst – extracted this pledge from Wolfe, who specialises in publicly funded work: “I will not be putting my fees up as a result of it,” the barrister told the site. RollOnFriday’s City boy readers predictably showed no mercy on Wolfe in the comment section of the article.
Is it fair for a corporate law website that is co-owned by man who is on £723,000 a year, and sustained by ad revenue from virtually every top City firm, to go after a lawyer who earns a fraction of the sums most corporate law firm partners pull in?