Costs

COSTS BUDGETING

Following the Jackson reforms in April 2013, costs budgeting became compulsory in the majority of multi-track claims.

At Taylor Rose TTKW we understand the importance of ensuring that you have an accurate and well prepared budget to maximise your costs recovery at the conclusion of a claim. An inaccurate or badly prepared budget could lead to your costs recovery being severely compromised.

We pride ourselves on being able to provide a fast and efficient turnaround for the preparation of costs budgets, liaising with you throughout to ensure that all possible eventualities are accounted for, as well as advising in relation to alternative scenarios that you may not initially have considered relevant to the claim.

We appreciate that sometimes it is necessary for costs budgets to be prepared at very late notice, and the combination of our experienced staff together with our in-house database and diary systems ensure that we deliver a first class service without compromise to quality and accuracy.

We also appreciate the importance of maximising reductions in relation to an opponent’s budget. To assist there, we prepare a detailed analysis of your opponent’s budget on a phase by phase basis to highlight where and why we consider reductions should be made.

It is imperative in light of Harrison v University Hospitals Coventry & Warwickshire NHS Trust that all relevant objections to the opponent’s budgeted costs are presented. The analysis report prepared will enable you to enter into negotiations with your opponent prior to the CCMC should you wish, or alternatively we are more than happy to deal with all elements of costs budgeting up to and including attendance at the CCMC on your behalf.

Our dedicated costs budgeting team can provide a range of services to meet your firm’s individual needs. Services include:

  • Preparation of initial Budget (Precedent H)
  • Detailed analysis of an opponent’s budget in comparison with your budget
  • Costs budget negotiations
  • Preparation of Budget Discussion Report (Precedent R)
  • Preparation of comparison schedule
  • Advocacy at CCMC

For a no obligation quote, or to request further information, please contact us.



Taylor Rose TTKW Solicitor Services in Commercial, Employment, Property and Family Law.

WE PRIDE OURSELVES ON BEING ABLE TO PROVIDE A FAST AND EFFICIENT TURNAROUND FOR THE PREPARATION OF COSTS BUDGETS


CONTACT US
DO YOU NEED ADVICE?
If you require trusted advice from one of our experts please get in touch, a member of our team will be happy to talk.

  TAKE A LOOK AT

We use cookies to provide you with the best possible experience. By continuing to use our website you agree to our use of cookies. Find our more Find out more