Costs lawyers are a particular category of lawyers in the UK system of law. They are specialists dealing with assessment of costs coming from any legal area. They are also called law costs draftsmen and there are a lot of situations in which they are needed in order to establish the amount of money to be paid by a certain party involved in the legal process. Their activity is regulated by the Association of Cost Lawyers which also organizes the required courses and exams which one has to pass in order to become a cost lawyer. Every time you find yourself in the situation in which you need a specialist to provide legal costs management or even costs litigation, you should visit a specialized cost lawyer firm.

The association has a lot of rules and regulations which have to be strictly followed by all members, at all times. The members of the association gained rights of audience as well as the right to conduct costs litigation. This way, they can provide complex services for their clients, starting from consultancy on legal costs, costs drafting, negotiations, legal cost management and ending with hearings and conferences.

The situations in which the services of cost lawyers are required are numerous, but they are generally divided into several categories. The first category is represented by inter partes costs. These costs are the ones that have to be paid by the losing part to the winning part in a trial. But what happens when the sums of money do not coincide for both parties? This is where the cost lawyer’s part begins. He prepares a bill of costs after a thorough assessment and a hearing takes place, in which the court makes a decision based on the arguments brought by the two parts. Both parties involved may be represented by a cots lawyer.

The second category of possible situations is represented by the solicitor’s fees. At the end of a trial, if the lawyer succeeded in winning the case, the client has to pay the required fee. In the event this specific amount of money isn’t agreed upon by both parties, the costs lawyer comes in handy. After assessing the entire situation and after drafting a financial plan, he/she will help them reach an agreement.

The third category is represented by costs connected to legal aid. In situations in which a solicitor is required to represent a publicly funded client, he/she knows that before receiving the payment, at the end of the trial, a cost lawyer has to be called in to conduct a minute assessment of the entire file. Only after the sum of money has been approved, the solicitor will receive his/her fee.

When you find yourself in one of the previously described situations you should try to find the best cost lawyer firm, because everything depends on the experience and the expertise of the lawyer in question.

Cost lawyers conduct costs litigations http://www.denovolaw.co.uk and take legal cost management http://www.denovolaw.co.uk measures to help you solve your cost related conflicts.