The courts will have discretion to implement costs management in cases that fall outside the above criteria and parties will be able to apply for costs management if it is deemed appropriate by the circumstances of the individual case.
Also, from 22 April 2014 a revised Precedent H must be used for Costs Budgets filed with the court and exchanged with parties under the courts’ costs management rules. The change is only in respect of the wording on the front of the Precedent H, which has been revised to remove confusion regarding what is being certified and the importance of that certificate. The revised wording is as follows:
“This estimate excludes VAT (if applicable), success fees and ATE insurance premiums (if applicable), costs of detailed assessment, costs of any appeals, costs of enforcing any judgment and [complete as appropriate]
Statement of Truth
This budget is a fair and accurate statement of incurred and estimated costs which it would be reasonable and proportionate for my client to incur in this litigation.
Signed Date
Position”
If you have any questions regarding these changes or costs budgeting generally please feel free to contact one of the partners.
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