The increase in court fees which took effect on 9 March 2015 has had a significant impact on the cost of commencing litigation in England and Wales.
Claimants in debt recovery and commercial litigation cases should now consider whether their strategies and policies on commencing claims are still fit for purpose in the light of the new costs regime. Claimants should seek advice, not only on the most appropriate remedies, but the best route to achieve them to balance the merits of the claim with the costs of pursuing it. Consideration should be given to using the insolvency procedure in appropriate cases of non-payment and to alternative dispute resolution for commercial disputes.
The Beeston Shenton Solicitors Dispute Resolution Team regularly advise commercial clients ranging from small SMEs to corporates on practical, cost effective debt recovery and commercial dispute resolution strategies and remedies. To get the best advice for your case, speak to one of our Dispute Resolution team members today on 01565 754 444.