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19 April 2012 / Iain Stark
Issue: 7510 / Categories: Features , Procedure & practice , Costs
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A brave new world

Iain Stark examines the changes afoot in the world of costs

The Jackson juggernaut may be ploughing its way through Parliament, but under the bonnet there has already been a great deal of activity on preparing the many reforms—the great majority, in fact—which do not require primary legislation. These may in the main be less controversial, but they will still have a significant effect on the conduct of costs claims and litigation.

Sir Rupert Jackson has been travelling the country giving a series of lectures on the implementation of his reforms. Lecture number eight, Assessment of costs in the brave new world, dealt with the assessment of costs. The changes will affect litigation of all sizes, but they are all being held in abeyance pending the general date for implementation. This, of course, has now slipped from October 2012 to April 2013.

While nobody can argue with the aim of improving the process of assessing costs, I am not convinced that everything Jackson

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MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

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Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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