A cost budget in form Precedent H is a document used by the Court to manage the costs of parties during proceedings. For multi track cases, each party will have to file a cost budget which summarises (i) their costs incurred to date and (ii) their estimated costs to trial. If the claim is for more than £50,000 then the Precedent H will need to be more detailed than if the claim is for a lesser amount.
For explanations of further keywords & phrases used in the context of commercial disputes we’ve produced a Legal Jargon Buster.
"*" indicates required fields
By pressing send and providing your details you are agreeing to our Privacy Notice.
Once you submit your enquiry we will forward to the correct legal team to get in touch as soon as possible.