Costs management fees
Practice Direction 3E – Costs Management, paragraph 2.2(1):
“the recoverable costs of initially completing Precedent H shall not exceed the higher of £1,000 or 1% of the approved budget”
Which of the following is included within the cap:
1. One hour discussion with the client explaining the figures within the budget and the costs consequences of any budget set.
2. One hour of time obtaining various quotes and estimates from experts and counsels’ clerks for inclusion in the budget.
“All other recoverable costs of the budgeting and costs management process shall not exceed 2% of the approved budget.”
Case listed for two hour CMC to deal with directions and costs management. How much of the preparation for and attendance at the two hour hearing and any counsel’s brief fee falls within the cap?