Claire Green says costs work should be the preserve of regulated costs professionals
Professor Stephen Mayson’s recent report on a new approach to legal services regulation provides much food for thought.
His report on reform envisages that all providers of legal services, whether or not legally qualified, should be registered and regulated by a single regulator to differing degrees, depending on the risk to the public interest of their work.
There is a lot more to his 340-page report and I recommend that anyone interested in the future of the profession should read it. Two pages of the report are dedicated to costs lawyers. Professor Mayson says that “too often” costs work was being carried out by “other authorised persons [ie other qualified lawyers] who lack the relevant knowl...
Association of Costs Lawyers