A Senior Courts Costs Office decision has emphasised that firms should employ costs lawyers or risk paying a heavy financial price. 

The Association of Costs Lawyers (ACL) said a recent case should act as a warning to firms of the risk of failing to employ costs lawyers or having arrangements with external costs lawyers – “or at the very least not instructing them quickly when an issue arises”. 

The failure of the paying parties in National Bank of Kazakhstan & Another v The Bank of New York Mellon & Ors to instruct costs lawyers promptly after the claimants successfully applied for a default costs certificate (DCC) meant no draft points of dispute were submitted to the c...

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