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Editor's blog | Return of the private client lawyer

Providing innovative end-to-end legal and non-legal services for wills and probate clients could breathe new life into high street firms

14 September 2012

One of the more pernicious effects of the recession on high street firms has come to light vividly this week. Probate work, one of the natural income streams for smaller firms, is ebbing away from them.

While average funeral costs are going up, estate administration costs – as part of these overall costs – are going down. And not just by a few per cent. These costs, the bulk of which is the discretionary cost of using lawyers to wind up the estate of the deceased, have dropped 20 per cent on average in the past year, from £2,292 to £1,907.

This is only one of the findings in Sun Life’s sixth annual report into the cost of dying. The costs relating to esta...

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