The prevalence of conditional fee arrangements means that third party costs can often constitute the major component of a low value claim – in many cases, far outstripping the value of damages claimed.
Our specialist costs team handles cost negotiations for most of our clients dealing with both pre-litigated and litigated matters. We offer the full service through to representation at detailed assessment hearings, if necessary.
We have a well defined process which is designed to resolve third party costs in the shortest possible timescale and with the best possible commercial outcome. Our process ensures that all potential arguments and issues relating to costs resolution are recorded so we are in the best possible position to negotiate.
Our approach to costs negotiations offers real added value for our clients. We make reasonable offers and put claimant solicitors at risk straight away, avoiding the costs of detailed assessments. This minimises the risk for our clients by limiting their exposure to extra costs.
In addition, we can provide detailed management information to assist our clients internally. For example, we can examine why the costs have been incurred or gather information relating to the costs associated with particular types of injury. This generates benchmarks which can then be used to the advantage of our clients in future negotiations.
For more information on our costs capabilities, please contact a member of the team using the related contacts section below.
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