Costs budgeting is a critical part of effective litigation, yet common mistakes can significantly limit costs recovery. This article explores frequent costs budgeting errors, including underestimating future phases, weak budget assumptions, and failing to update budgets as cases develop. It explains how early and ongoing involvement of specialist costs draftsmen can help solicitors prepare realistic budgets, manage spend, reduce disputes, and protect recoverable litigation co

Costs Budgeting – latest update to CPR heralds new Precedent T, Budget Variation Since the inception of the CPR in 1999, there have been many and varied amendments to the Rules, such that pursuant to the Civil Procedure (Amendment No 3) Rules 2020 the latest, 122nd Update to the Practice Direction comes mostly into force on 1 October 2020, with some provisions coming into force earlier on 23 August 2020. In advance of the same, and most pertinent to the realm of costs, the