COSTS BUDGETING

Masters Legal Costs Services LLP has unrivalled experience in costs management and budgeting, having been involved in the preparation of costs budgets in all manner of legal proceedings.

We have been actively involved in the  implementation of the Defamation Costs Management Protocol and frequently prepare and justify accurate estimates of costs for case management purposes and in support of applications for security for costs.

We have the knowledge and experience to prepare and quantify costs budgets that you, and your client, can confidently rely upon.

COSTS MANAGEMENT

In addition to providing advice in relation to costs budgets in UK proceedings, we also work with clients involved in litigation both in the UK and overseas to monitor and manage legal expenditure as it is incurred.

This entails quantifying and agreeing the estimated legal spend on a monthly basis and working as liaison between the client and his solicitors or attorneys. This can avoid difficulties and disputes arising as a result of legal expenditure.

Many client disputes arise as a result of unexpected fees and our costs management service provides advance knowledge and efficient and proportionate peace of mind.

We act closely with Moscaret Consulting Group, litigation management and fee experts based in the U.S. in relation to the provision of costs budgeting services for clients contemplating or facing litigation in the U.S. State or Federal Courts.