Budgets

Preparation of estimates/forecasts for funding, internal solicitor-and-own-client billing/estimates, and on an inter partes basis.

We provide comprehensive pragmatic advice using our extensive knowledge and experience, to include preparation of detailed forecast schedules which illustrate all future costs parameters when considering funding and/or costs management.

When dealing with inter partes costs, we are able to prepare and advise upon all aspects of Costs Management, including Precedent H Budgets, Precedent R Budget Discussion Reports, and Precedent T budget variation applications. We advise upon the scope of the assumptions to be relied upon and collate information from all relevant sources (counsel, experts and other professionals) as well as utilise our own internal database of this information. We can also provide budget monitoring services to evaluate your expenditure against your budget so that our clients can act quickly to update and revise a budget, following significant developments in the litigation. We also regularly prepare comparable analyses; briefing notes for counsel's use at the CMC and; can attend at CMCs on your behalf.