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Job advertisement in Costs Lawyer magazine:
“specialist Law Cost Practice is looking to recruit an experienced law costs specialist who can deal with bill drafting, PODs and costs budgeting. The ideal candidate will have a minimum of 2 years experience dealing with all areas of Law Costs”
Given the limited costs management pilots, I doubt many, if any, costs draftsmen with only two years’ experience will have any costs budgeting experience, much less had the opportunity to discover whether 2-3 years later those budgets have proved to be even remotely realistic.
We therefore have the bizarre prospect of costs firms holding themselves out as being skilled at preparing costs budgets when they intend to give the work to those with no actual experience of the task and almost certainly far too little practical experience to make even an educated guess.