Costs budgeting is now the norm in most types of litigation, not least in proceedings concerning trusts and estates, where the costs can be very high, says Lloyd Junor
The storms that shook the insurance market last year, combined with the closure of the assigned risks pool and ongoing concerns over financial stability, should act as reminders that professional indemnity must be an everyday matter, says Gary Horswell
The lack of clarity over rules governing the termination of partnerships is taking a particular resonance at a time when law firms' earnings are falling, says Alec Samuels