Tel – 020 7256 3620    Fax – 020 7929 4066      info@masters-legal.co.uk

 

Costs Management and Budgeting

COSTS BUDGETING

Masters Legal Costs Services LLP has unrivalled experience in costs management and budgeting, having been involved in the preparation of costs budgets in all manner of legal proceedings.

We have been actively involved in the implementation of the Defamation Costs Management Protocol and frequently prepare and justify accurate estimates of costs for case management purposes and in support of applications for security for costs.

We have the knowledge and experience to prepare and quantify costs budgets that you, and your client, can confidently rely upon. Our services include the preparation of your original costs budgets; considering your opponent’s budget; preparing composite comparison tables; attending as advocate for costs management hearings and CMCs or preparing briefing notes for your advocate and monitoring costs incurred following the approval of your costs budget by the Court.

COSTS MANAGEMENT

In addition to providing advice in relation to costs budgets in UK proceedings, we also work with clients involved in litigation both in the UK and overseas to monitor and manage legal expenditure as it is incurred.

This entails quantifying and agreeing the estimated legal spend on a monthly basis and working as liaison between the client and his solicitors or attorneys. This can avoid difficulties and disputes arising as a result of legal expenditure.

Many client disputes arise as a result of unexpected fees and our costs management service provides advance knowledge and efficient and proportionate peace of mind.

CONTACT:

Philip Daval- Bowden (Managing Partner)

Thomas Spanyol (Partner)

 
  • ACL

    Association of Costs Lawyers
  • HMCTS

    HM Court & Tribunal Service
  • BAILII

    British and Irish Legal Information Institute
  • CIARB

    Chartered Institute of Arbitrators
  • CJC

    Civil Justice Council

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