Hire the best costs lawyer if you need legal cost management

Posted by Johny Dean on May 24th, 2013

There are a lot of situations in which people need an attorney. Whether it’s for a divorce, or any other civil suit or criminal matters, you have to hire a lawyer to represent you in court. After benefiting from the attorney’s experience and knowledge, clients have to pay for the legal services provided. Sometimes they can’t reach an agreement regarding the sums of money requested by the legal representatives and they need an objective third party to establish the right amount of money to be paid. This is where costs lawyers intervene. Their role is to provide legal cost management and costs litigation, and in order to do that they have to assess the situation properly.

Another situation in which cost drafting services are required is the one in which, after litigation process is over, the losing party has to pay all the bills to the winning party. Obviously, most of the times, they can’t settle on the same amount of money. Such a situation implies a thorough assessment of all the costs involved, drafted by an experienced legal cost management lawyer.

In such situations, costs lawyers act as negotiators. On the one hand, if they work for the winning party, they have to make a strong case in costs litigation and bring solid arguments for the requested amount of money. On the other hand, if they are hired by the losing party, their strategy has to be conducted in such a way in which to prove that the established sum of money is too large and should be lowered.

If we take into consideration cases of legal aid, which are publicly funded, it is more important to pay attention and look into lawyers’ fees, because they are paid out of public funds. Therefore, they are minutely assessed by a legal cost management lawyer. There are also some other situations in which services of costs litigation are needed, such as group actions, family law matters, etc. Costs lawyers serve different categories of clients – insurance companies, business companies, trade unions, individual litigators, different public institutions, etc. Besides assessing legal costs, these lawyers provide some other services too. They also prepare schedules and bills; they negotiate on behalf of their clients; they handle costs litigation and assessment hearings in court; they give professional advice to everybody who might need it.

In order to become a costs lawyer, one has to finish the training course organized by the Association of Costs Lawyers and after that to pass the exams. Moreover they have to have been working in the field of activity of costs for a period of at least five years before applying for the position of a costs lawyer. Only after that they are given the right of audience and the right to conduct litigations regarding costs.

It is very important to choose the right firm of costs lawyers to conduct your costs litigation because years of experience are required for a minute drafting of costs in the process of legal cost management.