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06 October 2017 / Dominic Regan
Issue: 7764 / Categories: Features , Procedure & practice , Costs , Budgeting
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NLJ costs revision course (Pt 3)

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This week, Dominic Regan provides a cut out & keep guide to costs budgeting

No doubts

If in doubt as to whether or not you need to file a budget then always produce one. The penalty for default is deliberately draconian. ‘No budget, no costs’ is the penalty imposed by CPR 3.14.

Split trial

If seeking a split trial, perhaps addressing liability only at the outset, produce two budgets. The court might reject the application so protect yourself by also filing one that covers the entirety of the action.

Be timely

File your budget on time. Who will ever forget the Mitchell bloodbath?

Relief application

If you fail to comply with the last point, make an immediate application for relief from the sanction denying you costs. It was made clear in British Gas Trading Ltd v Oak Cash & Carry Ltd [2016] All ER (D) 128 (Mar), [2016] All ER (D) 128 (Mar) that time is of the

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MOVERS & SHAKERS

Walkers—Muriel Marseille

Walkers—Muriel Marseille

Ashurst's Chief Risk Officer joins Walkers

Excello Law—John Osborne

Excello Law—John Osborne

Northern family lawyer John Osborne joins Excello

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

Trio of promotions announced at Kidderminster law firm mfg Solicitors

NEWS
A sole director can conspire with their own company for the purposes of the tort of unlawful means conspiracy, the High Court has ruled in a judgment with potentially wide implications for business disputes
The Court of Appeal has reinforced that domicile depends on intention rather than residence alone, in a significant post-Brexit ruling on cross-border financial remedy claims
The Chancery Division's long history comes to an end this autumn as it is reborn as the Business and Property Division, prompting questions over whether the shake-up is really necessary
The Financial Conduct Authority (FCA) continues to show that failing to disclose regulatory issues can attract harsher consequences than the original misconduct itself
Rejecting a generous settlement can prove an expensive mistake, as two recent high-profile cases demonstrate
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