Blog - Monday 6 January 2014

2014 – What to Expect

A Happy New Year to one and all. And what an exciting year 2014 will be.

Mergers, buy outs and ABS’s. That was the story of 2013 and the trend seems set to continue into 2014 with some big news expected this month.

On the costs side of things, 2014 is set to be just as exciting – there is:

  • The results and recommendations of the Hourly Rate survey 
  • The much needed amendments to the DBA regulations
  • The widening of the embarrassing omission of the Commercial Court and £2m+ cases in the TCC re Costs Budgeting
  • Fast and furious case law on Costs Budgeting and Relief from Sanctions Apps / CMC decisions

More to follow this week on the costs budgeting side of things, with December 2013 being a bumper month for CMC’s. Watch this space.