Dedicated Lawyers For Costs Management And Bill Of Costs

Cost management refers to the process of calculating and controlling legal expenses involved in a case or legal matter. Using a Cost lawyer/Cost Draftsman to deal with your costs management offers numerous benefits, especially in relation to circumstances involving forecasts and estimates in litigation and negotiations. It can help you navigate this evolving and highly…

Why choose our team for your costs management?

Knapp Richardson Limited has highly trained experts who have an in-depth understanding of the rules and regulations when it comes to costs. Our Costs Lawyers and Law Costs Draftsmen in London provide a range of bespoke legal services and outstanding levels of personal service. We can provide you with invaluable advice on how to manage costs more effectively, while ensuring that all relevant compliance is met, particularly given the strict approach adopted to timetables.Our lawyers and draftsman have extensive experience when it comes to estimating costs involved with both litigation and contract negotiations. We can help you plan more efficiently, so you don’t face any unexpected and unwanted financial losses.Stay within your budget with first-class costs management.From identifying all anticipated necessary expenses like translation, court fees and witness expenses, to advising upon the parameters for expert fees and discovery platform fees, when considering forecast fees/estimates, Security for Costs or budgeting we will ensure that all potential costs are factored in. Identify any potential financial risks involved. All legal actions have a certain degree of uncertainty involved. Knapp Richardson Limited can both help you assess and advise upon the potential costs and risks involved. We can then develop strategies to either maximize your recovery or minimize your exposure. Our Costs Lawyers and Draftsman are all also experienced advocates and in the current climate where ADR/Negotiation is actively encouraged we can help you reach the best possible outcome and potentially avoid protracted and expensive litigation. 

Meet the latest rules and regulations. 

As a result of the Mitchell decision the court is ever more vigilant as regards compliance with any statutory timetable. Failure to meet these can increase costs and result in draconian sanctions, particularly when dealing with the budgeting regime. Our lawyers will advise upon each step of the proceedings and also monitor not only the timetable, but the quantum involved should an increase within the rules be required.  

We can also help you allocate resources more effectively. Particular tasks will require more financial resources than others, so it’s an important part of controlling costs. We can help you make informed decisions regarding the merits and risk of proceeding further based on the potential costs and benefits.

Our costs management and bill of costs services save you time. 

Handling these types of tasks on your own can be incredibly time-consuming. Consequently, it can distract you from more critical parts of a legal case. Our lawyers can take on the burden so you can focus your attention on more important tasks.

If you need help with cost management, simply contact our team for more information.