Costs Budget Variations
Strengthen your position and reach a fair outcome with a strong Precedent T
Prevent costs from overrunning and always stay within the agreed financial limits with a well-prepared Cost Budget.
Accurate and timely costs budgeting isn’t just a procedural step, it’s a vital part of litigation strategy.
In our experience, a detailed and accurate Budget can help to avoid reductions in recoverable costs.
A useful tool for negotiating settlements, we can provide expert assistance to update a Costs Budget under CPR 3 and PD 3E – allowing all parties to have a realistic discussion about projected litigation costs.
Prepare a detailed Costs Budgets
Advise on Precedent H update procedures
Revise Precedent H if circumstances change
Negotiate any Costs Budget
Trusted to deliver Pro-active Costs Budgeting
You can adopt a pro-active approach to Costs Budgeting and streamline the update process with help from our specialist team.
Simplify the revisions and adjustments of any Budget
Discuss reasons for amending a Precedent T
Identify if ‘significant developments’ justify changes
Advise on risks of budget being revised up or down
Complete & file the Precedent T Form at Court
Reach agreement on proposed variations
Attend Court for a Costs Management Hearing
“They are experts at what they do and I put my full trust in them when navigating the minefield of costs. We get an excellent recovery on our bills.”
Alixandra Cadden-Young, Managing Director at Longden, Walker & Renney 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.