16th May 2017
Commercial Barrister Morwenna Macro’s updated article on Costs Budgeting has been published on the Insight encyclopaedia on Westlaw (please click here for a Link to Westlaw or here for a Link to PDF). It covers the process of costs budgeting and costs management, linking to the relevant rules and practice direction of the CPR and Guidance on Completing Precedent H, and provides an up to date commentary on the case law. The article also covers the meaning of incurred costs and budgeted costs, the application and timing of costs budgeting, exemptions and limits, and the consequences of failing to file a costs budget.