Budgeting
Precedent Hs are the first step in ensuring you recover your full costs on the conclusion of a claim. Many fall into the trap of ‘guesstimating’ their incurred or anticipated costs, but whilst this Excel-input type approach may be rapid, it can have serious costs ramifications both during the CCMC and later in the detailed assessment process where your costs may be significantly restricted if you have not costed/forecasted accurately.
At LPS, we can provide our services on a % profits incurred or hourly rate basis, dependant on your preference of approach. We guarantee our fees for preparing the Precedent H will always be recoverable from the paying party, and what’s more we offer to assist with negotiations of your budgets/preparation of the new Precedent R.
Contact our Legal Costs Director at Robert.Collington@legalpracticesupport.co.uk for further information.
Satisfied Client Stories
“Since we first began utilising the services of Legal Practice Support we have seen a dramatic improvement in the capabilities of our Proclaim System. The system has seen substantial enhancements with regards to automation, tasks that previously could take staff hours can now be completed within minutes.”
Mark Brierley, Director at Beacon Law
“Prior to their (Legal Practice Support) involvement we had little to no reporting and what we did have was generally manually accumulated data on spreadsheets. Since Legal Practice Support began enhancing our system they have enabled us to receive key management information as and when required, which allows us to evaluate key areas of the business, as well as provide overviews of fee earners case progression and their performance amongst other things.”
Hunter Price Khan Director: Mr L Ali
“We have had the out of the box Proclaim system for many years and whilst we were content with its performance it wasn’t until we utilised the services of Legal Practice Support to help streamline and automate our workflows that we really saw its potential to save time and money by maximising the efficiency of our workflows.”
Clarity Solicitors: Yasar Ali
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