Dominic Regan & Paul Reason sketch out a true picture of the post-Jackson world
Tosh! The word is apt to describe some of the nonsensical and erroneous ideas doing the rounds. Our aim is to paint as accurate a picture as possible of how the litigation world will change come 01 April 2013.
“Costs lawyers are in danger of extinction”
- Nothing could be further from the truth. Budgeting will be the norm in multi-track cases although it will not apply to commercial or admiralty work. His Honour Judge Simon Brown QC has recently recorded a training talk for the Judiciary in which he makes it clear that the task of creating a plausible budget is a double act performed by the litigator in collaboration with their costs lawyer.
- It is essential for each party to produce a viable budget. Get it wrong and the risk is that costs otherwise recoverable will be disallowed. When interviewed for NLJ last spring Lord Justice Jackson said