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14 June 2012 / William Gibson
Issue: 7518 / Categories: Features , Procedure & practice , Costs
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Costs conundrum (3)

In the third article in a special NLJ costs series, William Gibson tackles client billing

Many legal practitioners, once the satisfying glow of qualification has passed, do not put costs practice or billing high on their list of enthusiasms and why should they? Most firms employ accounts departments and an increasing amount of control is exercised by practice managers or chief executives.

 
What these administrative people do not do is appear on the front line, face- to-face with clients or opponents who are not slow to take advantage of slips, errors or obscure technicalities when money is at stake.

The SRA Code of Conduct 2011 (the code) “does not deal with the form a bill can take, final or interim bills, when they can be delivered and how a firm can sue on a bill”. The reason for exclusion is apparently because “these matters are covered by complex legal provisions” (see guidance note 30 to r 2.03 of the Code).

Those complexities, of
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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

Private wealth disputes team adds contentious probate specialist

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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