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09 June 2023
Issue: 8028 / Categories: Legal News , Costs , Procedure & practice
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NLJ this week: Working through the civil justice recommendations on costs

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Costs budgeting, guideline hourly rates and the extension of fixed costs were among the topics covered in a recent batch of recommendations handed down by the Civil Justice Council (CJC). In this week’s NLJ, Julian Chamberlayne and Louise Morgan welcome the ‘various bespoke processes’ championed in the CJC’s final report, and set out their thinking on the reforms ahead.

In this highly informative article, they highlight some of the major changes, comb through the details, set them in context and look at the pros and cons.

Among their conclusions on the different aspects of the recommendations, the authors write: ‘The flexibility to decouple case and cost management hearings is welcome. However, the intended time and cost savings could be lost if the requirement for cost information before the first case management conference is anything other than light-touch. Selecting from a list of brackets of likely costs could be a simple solution.’ 

Read their costs rundown in full here.

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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