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Anon 2:51
I suspect you are not a cost draftsman?. Fantastic? It has been a nightmare. It is generally us who are expected to crystal gaze the future, at too early a stage, covering every eventuality, with minimal input from the case lawyer, liaise with the opponent, negotiate initial revisions, deal with the CMC , then revise the budget again post CMC within very strict (miss them at your peril) timetables and at a capped fee. We will no doubt also be in the frame for the hit when , inevitably, we didnt forsee the curve ball. The new form of bill and recent decision in relation to matching the final bill to the budget for every incurred/estimated period, phase, retainer period, interim statute bill, rate change , fee earner grade and Part 36 offer adds another whole level of complexity. All for the same capped fee which firms dont want to pay until the case conclusion, some years down the line. I do not know a draftsman worth his salt who isnt dreaming of the pre budgeting days with fondness.