A further definition from The (Alternative) Legal Costs Dictionary: Grade C fee earner n. (1) solicitors with less than 4 years post qualification experience, legal executives and fee earners of equivalent experience (2) the office cat
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A further definition from The (Alternative) Legal Costs Dictionary: Summary assessment n. similar to detailed assessment but with the advocacy conducted by those with no knowledge of legal costs law and overseen by a judge with even less knowledge of the relevant law and no time to properly perform the task in any event. The
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A further definition from The (Alternative) Legal Costs Dictionary: After-the-event (ATE) premium n. a sum of money paid or payable for insurance against the risk of incurring a costs liability in proceedings. The premium is rarely paid at the outset and usually not paid at all if the claim is unsuccessful. The amount of the
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A further definition from The (Alternative) Legal Costs Dictionary: Costs Lawyer Magazine n. the official journal of the Association of Law Costs Draftsmen. When read in public usually concealed behind a copy of Readers’ Wives magazine to avoid social embarrassment.
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A further definition from The (Alternative) Legal Costs Dictionary: Costs monkey n. (derog.) what you get when you pay peanuts.
A further definition from The (Alternative) Legal Costs Dictionary: Regional Costs Judge n. a District Judge who, after a night of heavy drinking, thought they were volunteering to organise a wine tasting trip to the Loire Valley and is subsequently too embarrassed to admit their mistake or that they do not know the first thing
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A further definition from The (Alternative) Legal Costs Dictionary: Jackson Report n. A review of civil litigation costs in the English legal system undertaken by Lord Justice Jackson. The final report had a similar effect to a penalty shoot-out against Germany. It reduced grown men to tears. May decimate large swathes of the legal costs
A further definition from The (Alternative) Legal Costs Dictionary: Specialist costs counsel n. counsel who was once given a brief by his clerk at 7.30pm to appear in Taunton County Court at 10.00am the next morning in relation to the detailed assessment of a bill of costs totalling £3,241.14 but received a text message at
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A further definition from The (Alternative) Legal Costs Dictionary: Law costs draftsman n. a lawyer concerned with quantifying the legal costs of a case. A costs draftsman is to the legal profession what a train spotter is to the world of professional sportsmen. Similar to an accountant but without the glamour or dress sense.
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A further definition from The (Alternative) Legal Costs Dictionary: Indemnity principle n. legal principle that receiving party cannot recover from paying party in legal costs more than he is liable to pay his own lawyer. To make the process fair on detailed assessment, the paying party is denied access to any information concerning the terms
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