header-logo header-logo

Money talks

19 September 2013 / Mark James
Issue: 7576 / Categories: Features , Procedure & practice , Costs
printer mail-detail
83988352

Elvanite provides an important lesson in costs budgeting, says Mark James

Costs budgeting has been with us for nearly six months now. Most practitioners still have little experience of filling in a Form H. What they all have is a fear that they might get it wrong and that, as a consequence, their winning client may not be able to recover reasonable and proportionate costs from the losing party; and, that their firm may be asked by the aggrieved client to make up the shortfall by writing off part or all of its fees. At the heart of this fear is uncertainty as to how much leeway the court will give a solicitor who has made a mistake in his budget. The mixed messages from the courts have not helped. Under the pre-April 2013 pilot schemes the courts talked tough but, when it came to it, the decisions were sympathetic to the erring party. Thus, in Henry v News Group Newspapers Ltd [2013] EWCA

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