Following the introduction of costs budgeting under section II of Part 3 of the Civil Procedure Rules on 1 April 2013, much has been said, written and done about how it has affected Part 7 multi-track litigation in claims worth at least £50,000 where it is compulsory.
To some, costs budgeting has added an additional layer to the already formidable expense of civil litigation by the front-loading of very significant costs in actions which never reach trial.
To others, costs budgeting has delivered a welcome degree of control over what each party can spend and expect to recover in costs if successful, and what the outlay will be if unsuccessful.
