header-logo header-logo

No pain, no gain!

17 July 2015 / Adam Burrell
Issue: 7661 / Categories: Features , Insurance surgery , Profession , Costs
printer mail-detail
nlj_7661_burrell

Adam Burrell eases the pain of costs management

Costs management, particularly the requirement to produce detailed costs budgets, has attracted both criticism and resistance. However, costs management can work provided it is appreciated that it’s not just about the detail buried in the budgets.

First stage

Directions set the framework

A key principle of costs management is visibility of the steps that are considered reasonable and proportionate to prosecute or defend a case to conclusion. At the outset the battleground is not concerned with detail or amounts but whether assumptions are reasonable. The first stage should be consideration of what directions are required, for example, whether it really is going take three different expert disciplines with each party having their own experts, as opposed to joint experts. This is a natural progression of the “cards on the table” approach introduced by Woolf. Gone are the days of being able to build a case or defence without any transparency of what steps

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

Gilson Gray—Linda Pope

Gilson Gray—Linda Pope

Partner joins family law team inLondon

Jackson Lees Group—five promotions

Jackson Lees Group—five promotions

Private client division announces five new partners

Taylor Wessing—Max Millington

Taylor Wessing—Max Millington

Banking and finance team welcomes partner in London

NEWS
The landmark Supreme Court’s decision in Johnson v FirstRand Bank Ltd—along with Rukhadze v Recovery Partners—redefine fiduciary duties in commercial fraud. Writing in NLJ this week, Mary Young of Kingsley Napley analyses the implications of the rulings
Barristers Ben Keith of 5 St Andrew’s Hill and Rhys Davies of Temple Garden Chambers use the arrest of Simon Leviev—the so-called Tinder Swindler—to explore the realities of Interpol red notices, in this week's NLJ
Mazur v Charles Russell Speechlys [2025] has upended assumptions about who may conduct litigation, warn Kevin Latham and Fraser Barnstaple of Kings Chambers in this week's NLJ. But is it as catastrophic as first feared?
Lord Sales has been appointed to become the Deputy President of the Supreme Court after Lord Hodge retires at the end of the year
Limited liability partnerships (LLPs) are reportedly in the firing line in Chancellor Rachel Reeves upcoming Autumn budget
back-to-top-scroll