At a Glance
- Tasks: Prepare and negotiate Costs Budgets for legal cases, ensuring accurate cost management.
- Company: Dynamic law firm committed to diversity and social responsibility.
- Benefits: 25 days holiday, flexible pension schemes, and paid volunteering days.
- Why this job: Join a supportive team and develop valuable negotiation and budgeting skills.
- Qualifications: Experience in costs budgets or legal roles, strong communication and negotiation skills.
- Other info: Flexible working options and a focus on mental health and well-being.
The predicted salary is between 36000 - 60000 ÂŁ per year.
Your Role and What You'll Be Doing
The Costs Management Team is responsible for recovery of the firmâs contentious costs from opponents and clients and preparing âCosts Budgetsâ on behalf of the firm. Within this Costs Management Team sits a highly specialist team dedicated to the preparation of Costs Budgets, dealing with negotiations and often undertaking advocacy on the behalf of the firm. A âCost Budgetâ is used to manage legal costs throughout the litigation process. It is also referred to as a âPrecedent Hâ â this document should be prepared by parties caught by the provisions and verified with a statement of truth, considering all issues in the case. For the remainder of this job description the form will be referred to as a âCosts Budgetâ rather than âPrecedent Hâ. The âCosts Budgetâ document is central to many types of litigation on the multi-track with a value up to ÂŁ10 million.
The role involves dual skillsets:
- The ability to review the work undertaken and retrospectively cost accurately the incurred costs.
- The ability to comprehend instructions to prepare/forecast litigation costs to an eventual Trial.
Training can be provided on both if required but some prior experience is preferable, whether that is by virtue of previous costs related roles or general legal case handling. Together with the role of preparing âCosts Budgetsâ, a notable element of negotiation skills will be required together with the ability to assist in the preparation for Costs Case Management Hearings. A Costs Case Management Hearing (or âCCMCâ) is the hearing when the âCosts Budgetâ is âapprovedâ by the court and the costs expendable on the litigation are decided by a Judge.
What You'll Be Doing
Youâll be responsible for preparing budgets and related work including, but not limited to, undertaking negotiations with opponents as necessary on Precedent R documents, preparing statements of issues agreed and not agreed, preparing budget comparison documents and other supporting documents, preparing Precedent T documents and supporting internal clients to apply for updated budgets as required.
Youâll be obtaining instructions from internal clients on all multi-track case types for the projection of future costs to be incurred to Trial. It will be necessary to liaise with our internal clients for the preparation of the âCosts Budgetâ. Youâll liaise with internal advocates or Counsel attending Costs Case Management Conferences and should be capable of being able to converse confidently regarding the contents of the âCosts Budgetâ prepared. Whilst not essential for the role, for the right candidate we would potentially look to develop your skillset (as required) to undertake advocacy at CCMCs in relation to the âCosts Budgetâ elements of the hearings.
Be involved in ensuring data is maintained for the work undertaken in the way of fully particularised personal time recording, maintaining âCosts Budgetâ data on the firmâs internal systems and following the internal processes developed for âCosts Budgetâ preparation and âNegotiationsâ.
About You
As our ideal candidate, you'll have:
- Prior experience of costs budgets, whether through a specific costs role or a general legal fee earning role.
- A comprehensive understanding of the relevant case law related to costs.
- Excellent communication skills with the ability to communicate clearly with stakeholders across the business.
- Demonstrable negotiation skills.
- Desirable financial or legal qualifications e.g.: ILEX Part 1 Year 1.
- Desirable Financial or law degree.
Our Benefits - What We Can Offer You
- 25 days holidays as standard plus bank holidays - You can âbuyâ up to 35hrs of extra holiday too.
- Generous and flexible pension schemes.
- Volunteering days â Two days of volunteering every year for a cause of your choice (fully paid).
- Westfield Health membership, offering refunds on medical services alongside our Aviva Digital GP services.
- We also offer a wide range of well-being initiatives to encourage positive mental health both in and out of the workplace and to make sure youâre fully supported.
- This includes our Flexible by Choice programme which gives our colleagues more choice over a hybrid way of working subject to role, team and client requirements.
- We have been ranked in the Best Workplaces for Wellbeing for Large Organisations for 2024!
- Our responsible business programmes are fundamental to who we are and our purpose.
- Weâre committed to being a diverse and inclusive workplace where our colleagues can flourish, and we have established a number of inclusion network groups across our business to support this aim.
- Our commitment to Social Responsibility, community investment activity and tackling climate change is a fundamental part of who we are. Itâs made up of four strands: Our People, Our Community, Our Environment and Our Pro Bono.
Costs Budgeter in Sheffield employer: Irwin Mitchell
Contact Detail:
Irwin Mitchell Recruiting Team
StudySmarter Expert Advice đ€«
We think this is how you could land Costs Budgeter in Sheffield
âšTip Number 1
Network like a pro! Reach out to your connections in the legal field, especially those who have experience with costs budgets. A friendly chat can lead to insider info about job openings or even a referral.
âšTip Number 2
Prepare for interviews by brushing up on your negotiation skills. Since this role involves a lot of discussions around costs, being able to confidently articulate your thoughts will set you apart from the competition.
âšTip Number 3
Donât underestimate the power of mock interviews! Grab a mate or use online resources to practice common interview questions related to costs management. The more comfortable you are, the better you'll perform.
âšTip Number 4
Apply through our website! Itâs the best way to ensure your application gets seen by the right people. Plus, it shows youâre genuinely interested in joining our Costs Management Team.
We think you need these skills to ace Costs Budgeter in Sheffield
Some tips for your application đ«Ą
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience with costs budgets and legal case handling. We want to see how your skills match the role, so donât hold back on showcasing your relevant experience!
Show Off Your Communication Skills: Since you'll be liaising with internal clients and negotiating, itâs crucial to demonstrate your excellent communication skills in your application. Use clear and concise language to show us you can convey complex information effectively.
Highlight Your Negotiation Experience: Negotiation skills are key for this role, so if you've got any experience in this area, make sure to mention it! Whether it's through previous roles or specific projects, we want to know how youâve successfully navigated negotiations.
Apply Through Our Website: We encourage you to apply directly through our website. Itâs the best way for us to receive your application and ensures youâre considered for the role. Plus, it gives you a chance to explore more about what we do at StudySmarter!
How to prepare for a job interview at Irwin Mitchell
âšKnow Your Costs Budgets
Make sure you understand the ins and outs of Costs Budgets, especially how they relate to litigation. Brush up on the key elements like Precedent H and the importance of accurate cost forecasting. Being able to discuss these confidently will show that you're serious about the role.
âšShow Off Your Negotiation Skills
Since negotiation is a big part of this role, prepare examples from your past experiences where you've successfully negotiated outcomes. Think about how you can demonstrate your ability to handle discussions with opponents and internal clients alike.
âšCommunicate Clearly
Practice articulating complex legal concepts in simple terms. Youâll need to liaise with various stakeholders, so being able to communicate clearly and effectively is crucial. Consider doing mock interviews with friends or family to refine your communication style.
âšFamiliarise Yourself with Case Law
Brush up on relevant case law related to costs management. Having a solid understanding of the legal framework will not only help you answer questions but also demonstrate your commitment to the field. Prepare some key cases to discuss during the interview.