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Tag: Costs Management

Posted on July 29, 2020October 12, 2020

Lock Up and Cash Flow: How the Precedent H Costs Budget can assist – updating and monitoring is key

Please see our Costs Management team’s first of many podcasts. We include useful tips regarding how the precedent H Cost Budget can assist with lock up and cash-flow. We also…

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Posted on April 20, 2020October 12, 2020

The Precedent T; a new Costs Management precedent, watch this space!

The CPRC have released minutes of their latest meeting.  The committee has provided further information regarding the proposals and options relating to revisions to CPR r3.15 and PD 3E, please…

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Posted on March 30, 2020October 13, 2020

Costs Budgeting following the 109th CPR update

The 109th update has clarified what falls within “incurred” costs, and made some changes to the guidance regarding which phase costs fall into. Watch the video for details and tips for the period between the drafting of the budget and the date of the CCMC.

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Posted on March 27, 2020October 13, 2020

Negotiating Budgets

In cases where costs management applies, how much your client can recover depends on good negotiation at the costs management stage. Sue Fox is a Senior Associate and the Head…

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Posted on March 13, 2020October 12, 2020

Third Party Funders – Exposure to Legal Costs

The Court of Appeal has recently handed down its Judgment in the case of Chapelgate Credit Opportunity Master Fund Limited -v- Money and Others [2019], which was an eagerly awaited…

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Posted on February 14, 2020October 12, 2020

The Precedent T – a new Costs Management precedent, watch this space!

The CPRC have released minutes of their latest meeting.  The committee had been asked to consider proposals and options relating to revisions to CPR r3.15 and PD 3E. Discussions centred…

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Posted on February 7, 2020October 12, 2020

Court of Appeal finds approved costs budget irrelevant when indemnity basis awarded

The Court of Appeal decision in Lejonvarn v Burgess & Anor [2020] EWCA Civ 114 has determined that an approved costs budget is irrelevant where indemnity costs are ordered. The…

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Posted on January 29, 2020October 12, 2020

Estimating your legal costs – Why?

Not only is it prudent and good practice, but it is essential that clients are regularly provided with estimates of their potential legal costs and are appraised in that regard.…

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