Legal costs basics Understanding the role of legal costs draftsman and their responsibilities
Legal costs consultants can help individuals caught up in legal proceedings deal effectively settle the financial implications of their proceedings. Contracting cost reduction consultants can give you the peace of mind that these experienced professionals will deal with your case and guide you towards reaching appropriate agreements.
Ideally, a legal costs draftsman, according to UK law, deals with everything revolving around the cost aspect of any Lawsuit. Usually, they deal with detailed assessment of costs that touches on three main areas: cost payable to the solicitor by the client, cost payable between parties involved in the case and publicly funded costs or legal aid.
Where litigation is involved, there is always the winning party and the losing one. The losing party is usually required to pay the inter parties or the winning party’s cost. In an event that the parties fail to agree on these costs, then the legal cost negotiators usually come in to facilitate the assessment of these costs until the court can determine the appropriate sum to be paid. This is often common when insurance claims are involved hence the need for legal insurance cost negotiators.
Lawyers who represent clients expect compensation for their services. These lawyers are usually expected to provide their clients with written information about the cost of their services so the clients can be aware of everything before signing any contracts. Again, a law costs draftsman can draw up the lawyer’s bill of costs, indicating the service charges along with any disbursements paid to third parties that are working alongside the lawyer on the case.
Sometimes, a lawyer may represent a publicly funded client. In such situations, costs consultants are tasked to prepare a detailed bill for the services provided by the lawyer for the court’s assessment. Once the bill is approved, the lawyer can then be paid from public funds.
Legal costs negotiators can make the process of assessing and computing accurate costs for group, family or civil action litigation quite easy and more convenient for clients who are often preoccupied with the events surrounding their legal proceedings. These legal experts provide professional guidance in a wide range of matters from retainers to complex disputes between clients and their solicitors.
Being involved in a legal proceeding can be very stressful. You need to contract the services of skilled costs consultants to help take care of the cost aspect of your case. With the help of a good law costs draftsman, you can expect to receive full support in the process of cost recovery and be charged only the correct considerable fees.
Robins Cost Consultants Ltd is a highly reputed and experienced Law Costs Consultancy based in Grays, Essex. Our legal cost consultants are highly qualified and experienced. We offer an inclusive bill drafting service. We have particular expertise in high value and complex legal costs litigation.