I need to get some idea of the possible costs a claimant might be ordered for losing a fast track claim. (assuming the claim is properly brought with reasonable conduct).
I have heard £30K banded about, but how can it be so much?
So far, my understanding is that total costs come in two parts:
1. Pre-trial costs (usually assessed on the spot on the standard basis) and 2. Fixed Trial costs.
I have read that the trial costs are fixed and depend on the claim value, e.g. if the value of the claim is less than £3000, the costs to pay for the other side preparing for and having the actual hearing is exactly £485+VAT. Not too bad so far.
So what about the pre-trial costs?
How many stages are there and what does each typically cost?
So far, I have identified, the defendant must:
1. Prepare and file a defence with particulars and evidence.
2. Fill in a 'directions questionnaire'
3. Possibly prepare for and attend a short allocation hearing.
4. Final hearing. (fixed trial costs)
For each stage 1. 2. and 3. How many hours work do they typically take and how much do they cost? What have I missed?
Are there any other procedures, e.g. orders hearings, directions, etc that typically occur and how much budget should be reserved in-case things are not straightforward?
Any opinions will be very helpful even if you can only give an estimated range.
I have heard £30K banded about, but how can it be so much?
So far, my understanding is that total costs come in two parts:
1. Pre-trial costs (usually assessed on the spot on the standard basis) and 2. Fixed Trial costs.
I have read that the trial costs are fixed and depend on the claim value, e.g. if the value of the claim is less than £3000, the costs to pay for the other side preparing for and having the actual hearing is exactly £485+VAT. Not too bad so far.
So what about the pre-trial costs?
How many stages are there and what does each typically cost?
So far, I have identified, the defendant must:
1. Prepare and file a defence with particulars and evidence.
2. Fill in a 'directions questionnaire'
3. Possibly prepare for and attend a short allocation hearing.
4. Final hearing. (fixed trial costs)
For each stage 1. 2. and 3. How many hours work do they typically take and how much do they cost? What have I missed?
Are there any other procedures, e.g. orders hearings, directions, etc that typically occur and how much budget should be reserved in-case things are not straightforward?
Any opinions will be very helpful even if you can only give an estimated range.
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