Objectives

Successful costs management is critical in modern legal practice. Major upheavals in the last two decades have added to the challenge, from the 1999 Civil Procedure Rules to the 2013 Jackson reforms, which introduced unprecedented changes in litigation funding, costs management and recovery.

Today’s costs landscape remains unsettled with many new challenges to consider – the Jackson review of fixed recoverable costs and the new Bill Costs being just two of the most recent. The tension between access to justice, meeting client’s expectations and making a reasonable profit will only increase.

Burcher Jennings’ Costs Masterclass is a comprehensive toolkit for firms looking to manage both the current and future challenges faced by the industry. Designed to illuminate costs management, it covers basic principles, as well as more complex technical costs and case management issues.

As market leaders in costs, pricing, as well as law firm and litigation funding, Burcher
Jennings is uniquely positioned to deliver this focused, insightful training that firms can use to engineer profitability and success.

The Masterclass is led by Richard Allen, a costs pioneer with over 30 years’ experience and one of the first professionals to be awarded Costs Lawyer status. As one of a small group of Costs Lawyers who also made partner in private practice, he understands the challenges firms face and has translated his exceptional depth of expertise into a practical and insightful Masterclass with tangible takeaways.

Content

The Masterclass content:
  • Indemnity Principle and retainers
  • Getting the funding right
  • Between the parties costs orders
  • Hourly rates and proportionality
  • Payments on account and maintaining cash flow
  • Interest on costs
  • Part 36 o-ers
  • Budgeting, J-Codes and costs management
  • Costs of hearings and trial
  • Time recording and case management
  • Provisional and Detailed Assessment and the new format Bill of Costs
  • Maximising costs
  • Fixed costs and a new approach to your business model
  • Pricing your work
  • Mediation
Each module looks at current law/position – offering a ‘how to’ guide to practical application, identifying challenges and exploring tactics, strategies, bespoke and out of the box thinking to make the current costs regime (and future incarnations) work for your practice.


Who should attend: Partners heading up litigation.

How To Book

Please contact your Learning & Development Manager if you are interested in this course.