Costs Lawyer regulation just got cheaper

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When the Association of Law Costs Draftsmen was reviewing whether to vote in favour of remaining an approved regulator it did some estimates as to the likely cost.  This ranged from between £342.75 and £405.20 per member (in addition to current subscription levels).  This was based on there being 269 Costs Lawyers who would share the cost.

By a happy coincidence, the number of Costs Lawyers by the end of this year is likely to be closer to 600 and the costs to each member will have therefore been more than halved.

A cynic might think that the recent decision to automatically upgrade Associates was in some way linked to the increased costs of regulation. 

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