The cost management regime has now been in place for two years. The purpose of this lecture by Lord Justice Jackson is to review how it is working and to suggest how the rules might be developed in the light of experience.
The Judge takes the view that the first and most important conclusion to be drawn from the experience of the last two years is the same as that which was drawn from the pilots. Costs management works. When an experienced judge or master costs manages litigation with competent practitioners on both sides, the costs of the litigation are controlled from an early stage. Although some practitioners and judges regard the process as tiresome, it brings substantial benefits to court users.