header-logo header-logo

The end of budget stand-offs?

19 November 2015 / Dominic Regan
Issue: 7677 / Categories: Features , Costs
printer mail-detail
nlj_7677_backpage

Dominic Regan predicts that the fracas that has dogged costs budgeting could soon be a distant memory

No one, not even the architect of budgeting, believes that the present scheme is perfect. Lord Justice Jackson, in a lecture seven months ago, made a series of sensible proposals to refine the process. I anticipate changes will be implemented during 2016.

What needs to be appreciated is that real good for both client and lawyer can flow from costs management. A vociferous minority resent costs management.

We heard like-noises about the other elements of CPR reform in 2013. The Mitchell debacle aside, a decision which was nothing whatever to do with Jackson, the reforms have been embraced and seem to me to be working.

The 2014 extension of costs management to the Commercial Court was going to be disastrous claimed those resistant to the idea. My understanding is that parties are regularly agreeing their budgets with one another and no discernible damage has been done.

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Hugh James—Phil Edwards

Hugh James—Phil Edwards

Serious injury teambolstered by high-profile partner hire

Freeths—Melanie Stancliffe

Freeths—Melanie Stancliffe

Firm strengthens employment team with partner hire

DAC Beachcroft—Tim Barr

DAC Beachcroft—Tim Barr

Lawyers’ liability practice strengthened with partner appointment in London

NEWS
Ceri Morgan, knowledge counsel at Herbert Smith Freehills Kramer LLP, analyses the Supreme Court’s landmark decision in Johnson v FirstRand Bank Ltd, which reshapes the law of fiduciary relationships and common law bribery
The boundaries of media access in family law are scrutinised by Nicholas Dobson in NLJ this week
Reflecting on personal experience, Professor Graham Zellick KC, Senior Master of the Bench and former Reader of the Middle Temple, questions the unchecked power of parliamentary privilege
Geoff Dover, managing director at Heirloom Fair Legal, sets out a blueprint for ethical litigation funding in the wake of high-profile law firm collapses
James Grice, head of innovation and AI at Lawfront, explores how artificial intelligence is transforming the legal sector
back-to-top-scroll