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Professor Dominic Regan, writing in the New Law Journal, explained the recommendations he has made following his review for Jackson LJ of the Birmingham Mercantile Court costs management pilot:
“My considered recommendation is that the process be applied to every multi-track action whatever the content. … Fast-track cases will be self policing with the arrival of fixed costs sometime soon.”
So, no role for costs professionals in fast-track matters and multi-track matters become subject to costs management. The court approves or adjusts the parties’ budgets at the outset. If, at the conclusion of the case, a party’s claim for costs comes within budget, will there be an argument about costs or will the figure generally just be accepted? I suspect the latter.
What role for costs professionals?