cost of taking legal action Flashcards

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1
Q

what are the different types of costs

A

court costs
legal represented costs
awarding costs against unsuccessful part
hidden costs, loss of reputation and enforcement reward

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2
Q

what are court costs

A

represented by the fees charged by the court service for starting a case and continuing to other stages in the procedure to trail
court fees for money claims are straight forward they are based on the amount of money claimed

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3
Q

what are legal representative costs

A

solicitors generally calculate their charges based on an hourly rate by sometimes they charge fixed fee.
charges vary between lawyers and different law firms fees are higher in major cities

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4
Q

what is awarding costs against unsuccessful party

A

the losing party is usually expected to pay the costs pf the winning party costs are often agreed as part of any negotiated settlement.

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5
Q

what are hidden costs, loss of reputation and enforcement award

A

find it difficult to get the losing party to pay the amount the court awards plus costs not everybody will be covered by insurance

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