Budgeting & Costs Management - The Key Issues for Litigators

Introduction

This webinar will take you through the complete journey from matter opening through to costs and case management hearing, as well as trial and costs assessment conduct, where a budget exists.

Importantly, how vital it is to monitor your budget and the ongoing costs and how best to achieve this, as well as how best to tackle a budget which is no longer accurate.

What You Will Learn

This webinar will cover the following:

• Key points from the rules, practice direction and the Guidance Notes for Precedent H.
• What are the latest revisions to the Rules and Practice Direction
• Does the indemnity principle still matter and the implications for incurred costs
• Disclosure and costs management
• Resourcing and project managing your litigation and the benefits for a budgeted case
• Recording and tracking your costs to stay on budget and how to get the most from your practice management software
• Preparing your Precedent H and the role of the costs lawyer
• Practical considerations at the costs management hearing
• How to use your budget to support payments on account of costs
• Dealing with ‘good reason’ at detailed assessment, if you exceed your budget

This webinar was recorded on 19th October 2023

You can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.