Costs Budget Negotiations
Stop conceding too much ground and hurting your costs recovery
Make sure your future costs are properly anticipated, justified and not unfairly reduced with effective Costs Budget Negotiations.
Strategic costs budget negotiations aren’t just about reducing the other party’s claims; they’re also about safeguarding your own costs position.
Our specialist budgeting team understand the importance of remaining fully compliant with Court requirements and the overriding objective of proportionality. We also bring a wealth of experience to every stage of the costs budgeting process, including Precedent R preparation and negotiations.
Often known as the Budget Discussion Report, the Precedent R is your formal opportunity to respond to the other side’s Costs Budget. With our practical and strategic advice, you can ensure your position is clear, well-argued and backed by expert insight.
Prepare a robust Precedent R on your behalf.
Ensure disputed phases backed by strong reasoning.
Engage with other side to agree costs where appropriate
Never compromise your future recovery.
Ensure all proposed costs are proportionate
Expert support for post-exchange negotiations & CCMC hearings
Involving a costs expert from an early stage can mean your Budget Discussion Report is more persuasive and effective.
Even after Precedent Rs have been exchanged, we continue to support your efforts to reach agreement without the need for Court intervention. However, if the other party’s position is unreasonable, we are fully prepared to advocate for your Costs Budget at the CCMC.
We understand that Court-approved Budgets often lead to significantly better recovery than those settled solely through party negotiations. Once approved, a Costs Budget can reduce later disputes, giving you confidence that your costs for each phase of litigation are secure.
“They’re always on hand to give expert advice. Their drafting and negotiations are excellent and we’ve had great results since working with them.”
Joseph Norton, Associate Director & Head of Compensation, Waldrons Solicitors
Excellence in Every Detail
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Experienced Experts
Our Costs Lawyers, experienced Draftsmen and Solicitor Advocates keep you informed at every stage.
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Save Valuable Time
We handle all complex processes – from preparing the Costs budget to negotiating the final settlement.
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Complete Accuracy
Minimise the risk of costly mistakes or omissions and maximise your profit costs recovery.
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Excellent Recovery
Reduce delays, improve cash flow and help clients resolve disputes with detailed breakdown of costs.