Disentangling New Physics effects from the Standard Model requires a good understanding of all pieces that stem from the latter, especially the uncertainties that might plague the theoretical estimations within the Standard Model. In the light of recent measurements made in the decay of $B\to K^*\ell^+\ell^-$, and accompanying possibilities of New Physics effects, we re-examine the hadronic uncertainties that come about in this exclusive $b \to s$ transition. We show that it is not trivial to distinguish New Physics effects from these hadronic uncertainties and we attempt to quantify the latter in its magnitude and kinematic shape from the recent LHCb measurements of the angular observables in this decay mode. We also update our fit with the more recent calculations of the form factors combined with the ones computed with Lattice QCD.