Civil Litigation · glossary
A party’s estimate of its own legal costs, stage by stage, to the end of trial. The court approved Ravensett’s at £160,000. If Ravensett wins, it can recover more than its budget only by showing good reason. CCMC Order, paragraph 10 · Chapter 6 · see Costs management order
Explained in Chapter 6, The Costs and Case Management Conference, of Civil Litigation.
A costs budget is a party’s estimate of its own legal costs, stage by stage, to the end of trial. Each side filed its budget on Precedent Z, the court’s short form for a simplified budget.Read Chapter 6, The Costs and Case Management Conference →
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