Optimising Costs Management: Part 2
Ongoing monitoring of costs incurred after the budget has been set makes staying within budget significantly simpler, while still achieving a good outcome for your client
Tag: Costs Management
Optimising Costs Management: Part 1
You can listen to the blog here 2% Budget Process Provision Once costs budgets are prepared, Precedent Rs and negotiations naturally follow. Budget discussions can lead to agreement of budgets…
High Court swapped budgets for estimates
In Collins and Others v Ticketmaster UK Ltd v Inbenta Technologies Ltd [2022] Costs LR 123 costs estimates were ordered in place of costs budgets consequential to an application made…
Capturing costs between budget and CCMC: practical guidance
It is not unusual to incur substantial costs in the run up to CCMC after costs budgets have been submitted. Recovering these costs will be important to the receiving…
Falling short when advising client of ‘shortfall’
The importance of clear client communication on costs budgets has again come to the fore, this time in the context of solicitor-own client costs. When a case is subject to…
Proposed increases to court fees to proceed
Court and Tribunal Fees – The Government response to the consultation on ‘Increasing selected court fees and Help with Fees income thresholds by inflation’ Following a consultation process, the Government…
Persimmon Homes Ltd v Osborne Clark LLP – A warning to act promptly when revising costs budgets
The High Court has delivered the most significant judgment since the implementation of the use Precedent T for budget revisions in October 2020, and the provisions of CPR 3.15A. The…
Late costs budget? Not all lost…
The sanction imposed for failing to file a costs budget when required applied to future costs only in the recent appeal case of Hardy v Skeels (04.03.21, County Court at Stoke). The…