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Multi-track cases costs budgeting – Barristers’ Fees Solicitors acting in multi-track claims under £2m must provide detailed case costs budgets. The clerks at Ten Old Square use MLC v3.3 software to create accurate, case-specific costs budgets containing fees for their barristers instructed in multi-track cases. The budgets will be provided to our instructing solicitors to assist them with completing the required Precedent H form. Thereafter each phase in the case costs budget is closely monitored using a “traffic light” system. The clerk can warn the solicitor if any budgeted costs limit is likely to be reached so that the appropriate action can be taken on-time.
Above: An Example of a Ten Old Square case costs budget (NB: Case created for illustrative purposes only)
For more details on the barristers and clerks at Ten Old Square please contact our Senior Clerk, Keith Plowman, on 020 7405 0758 or by email to keithplowman@tenoldsquare.com or visit our website www.tenoldsquare.com. Ten Old Square – Chancery and Commercial Barristers 10 Old Square, Lincoln’s Inn, London, WC2A 3SU, LDE 306 Tel: 020 7405 0758 Fax: 020 7831 8237 clerks@tenoldsquare.com