header-logo header-logo

07 February 2019 / Francis Kendall
Issue: 7827 / Categories: Features , Procedure & practice , Costs
printer mail-detail

Sticking to a budget: could do better?

Francis Kendall shares some shocking statistics from the 2018 ACL conference survey

A poll of 146 costs lawyers at the Association of Costs Lawyers’ (ACL’s) annual conference last November showed that only 10% said solicitors have got better at sticking to their budgets. This shocking statistic is perhaps mitigated slightly by the fact that only 23% of those responding said solicitors always went over what was budgeted. However, a further 53% said they sometimes went over.

Although these figures are all improvements on the same survey in 2017 – where the figures were 5%, 29% and 65% respectively – it must be of concern.

Absent success on the “good reason to depart” test on detailed assessment, any costs over budget in a phase reflects work that solicitors are undertaking that will simply never be recovered from the opponent on assessment. They must either know, suspect or are simply ignorant to that position at the time that the work is undertaken.

With clear instructions

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

NLJ Career Profile: Nick McDonnell, Kain Knight

NLJ Career Profile: Nick McDonnell, Kain Knight

Nick McDonnell of Kain Knight reflects on an unexpected legal career, his drive to support vulnerable clients and the surprising pleasures of watching nothing happen

Mayo Wynne Baxter—Angela Arnold

Mayo Wynne Baxter—Angela Arnold

Mayo Wynne Baxter strengthens property team with new partner appointment

WilmerHale—Jeremy Kosky & Charlie Lightfoot

WilmerHale—Jeremy Kosky & Charlie Lightfoot

WilmerHale expands London disputes capabilities with addition of two leading partners

NEWS
Lawyers have welcomed the Lord Chancellor’s reverse-ferret on jury reforms, but expressed ‘serious concerns’ about the decision to exclude fraud trials
From ‘rats in the robing room’ to ‘overworked’ judges and a shortage of court staff, barristers have aired their concerns about the state of the justice system
The use of agentic artificial intelligence (AI) poses ‘significant risks’ across the justice system, public services and government, and current regulation is ‘poorly suited’ to control it, experts have warned
The solicitors’ regulator has paused controversial plans to exclude owner-managers from compliance officer roles
The government has launched a £16m legal support grant to support 48 frontline legal advice organisations supporting people facing eviction, problem debt, benefit disputes and family breakdown
back-to-top-scroll