Legal budgets - a remedy for abuse?
The Civil Justice Council has embarked on a study of the costs of commercial litigation in response to judges flexing their muscles on high costs. Tony Guise looks at the effect a predictable costs regime could have on commercial litigation and corporate counsel
Keeping to budget and litigation costs always rank highly in the many concerns general counsel have – there is no shortage of examples of in-house counsel bemoaning the way their external advisers take advantage of their budgets. The principle complaints appear all too often: a failure to bill regularly or at all; a failure to estimate accurately or at all; and a failure to add value.
This premium content is reserved for
Legal Week Subscribers.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651