Rely on the most comprehensive, up-to-date legal content designed and curated by lawyers for lawyers
Work faster and smarter to improve your drafting productivity without increasing risk
Accelerate the creation and use of high quality and trusted legal documents and forms
Streamline how you manage your legal business with proven tools and processes
Manage risk and compliance in your organisation to reduce your risk profile
Stay up to date and informed with insights from our trusted experts, news and information sources
Access the best content in the industry, effortlessly — confident that your news is trustworthy and up to date.
With over 30 practice areas, we have all bases covered. Find out how we can help
Our trusted tax intelligence solutions, highly-regarded exam training and education materials help guide and tutor Tax professionals
Regulatory, business information and analytics solutions that help professionals make better decisions
A leading provider of software platforms for professional services firms
In-depth analysis, commentary and practical information to help you protect your business
LexisNexis Blogs shed light on topics affecting the legal profession and the issues you're facing
Legal professionals trust us to help navigate change. Find out how we help ensure they exceed expectations
Lex Chat is a LexisNexis current affairs podcast sharing insights on topics for the legal profession
Wednesday 6 April saw the introduction of changes to the costs management regime. The new rules are subject to transitional arrangements such that the changes will only apply to proceedings commenced on or after Wednesday 6 April. It may therefore be a number of months before most practitioners have to consider the new rules in practice but it is always advisable to be prepared. So what are the main changes to bear in mind?
There is a mixture of new and amended provisions. In summary:
CPR 3.13 now sets out that the costs budget should be filed no later than 21 days before the first case management conference unless the stated value of the claim on the claim form is less than £50,000 in which case it must be filed with the directions
questionnaire. This is much earlier than previously.
Various changes have been made to the costs budget, these include:
This has been updated and you can access a document showing the changes made here.
Attention is drawn to:
A new costs precedent, known as Precedent R, has been introduced. Each party is required to file a BD report no later than 7 days before the first case management conference. The form is filled in with the other side’s total figures
for each phase and then an offered amount for each phase which would result in agreement are set out along with a very brief explanation of why, if applicable, there is no agreement between the parties. Issues may arise in cases
concerning multiple parties which could lead to a party having to provide a Precedent R for each of the other parties involved.
For ease of reference, we provide hyperlinked PDFs of the old rules CPR 3 and CPR PD 3E.
This article was first published on Lexis®PSL Dispute Resolution on 4 April 2014. Click here for a free trial.
Access this article and thousands of others like it free by subscribing to our blog.
Read full article
Already a subscriber? Login
Janna is a dispute resolution lawyer with a Masters in Construction Law and Dispute Resolution. During her time in private practice at both Herbert Smith and Denton Wilde Sapte (now Dentons) she worked on complex international disputes, both litigation and LMAA arbitrations, dealing with technical cross border issues.
Janna deals primarily with cross border issues and is active in the work being undertaken in relation to the implications of Brexit for Dispute Resolutions lawyers. She also heads up a LexisNexis costs team bringing together expertise from across the company to deal with the costs issues facing the profession and was a contributing author for the Cook on Costs supplement dealing with the Jackson reforms. Janna is a frequent contributor to the legal and professional press, including the New Law Journal and Counsel magazine.
0330 161 1234