At a Glance
- Tasks: Join our Finance Department as a Costs Lawyer, advising on litigation costs and fee arrangements.
- Company: Be part of Slaughter and May, a leading law firm known for its expertise and client-focused approach.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth and development.
- Why this job: Make a real impact by ensuring clients achieve fair outcomes while working in a collaborative culture.
- Qualifications: Must be a qualified Costs Lawyer with at least 3 years of relevant experience.
- Other info: We celebrate diversity and welcome applications from all backgrounds.
The predicted salary is between 36000 - 60000 £ per year.
We are seeking a qualified Costs Lawyer to join our Finance Department. You will provide expert advice on all aspects of litigation costs - from fee arrangements and budgeting through to dispute resolution and detailed assessments. Working alongside Associates and Partners, you will ensure our clients achieve fair and cost-effective outcomes.
KEY RESPONSIBILITIES
- Advise clients on structuring and negotiating fee agreements with their legal advisers.
- Prepare Costs Schedules for Arbitration matters and the Supreme Court.
- Communicate situations as they arise that may require follow up, such as issues in respect of Bills of Costs and Points of Dispute/Replies.
- Effectively communicate and build relationships with internal clients including partners and other fee earning members of staff.
- Provide accurate and well-presented reporting information for internal review and to fulfil external client requests.
- Work closely with the existing members of the Billing department.
- Liaise with other Finance teams.
- Proactively follow-up with the wider business and colleagues to ensure issues are dealt with in a timely fashion.
- An enthusiastic individual prepared to take a hands-on approach to learning about the Slaughter and May Finance function and how it contributes to the running of the firm.
- Prepare, review, and amend costs budgets for both claimants and defendants in accordance with Civil Procedure Rules.
- Draft Points of Dispute and Reply and manage correspondence in costs disputes.
- Interpret and advise on the implications of costs orders, including interim and final awards.
- Provide strategic guidance on offers to settle and Calderbank letters in the context of costs.
- Prepare and/or assist partners and fee earners in the drafting of Schedules of Costs, including N260s, preparation of Budgets and Budget discussion reports to include advising on issues of costs recovery.
- Liaise with solicitors, barristers, and external counsel to gather documentation and evidence.
- Maintain strong relationships with court officers and third-party assessors to facilitate efficient costs resolution.
CANDIDATE PROFILE
- Qualified Costs Lawyer (Fellow or Graduate member of the Association of Costs Lawyers).
- Minimum of 3 years’ post-qualification experience dealing with costs work in a UK law firm, court environment, or specialist costs practice.
- Thorough knowledge of Civil Procedure Rules (Costs) and case law governing costs.
- Exceptional attention to detail and analytical ability to assess complex costs schedules and legal documentation.
- Excellent communication and interpersonal skills, capable of building rapport with clients, counsel, and courts.
- Proactive, organised, and able to manage multiple cases to tight deadlines while maintaining high quality and compliance.
- A high level of Excel skills, to enable processing large amounts of data efficiently and accurately.
We welcome applications irrespective of race, colour, ethnic or national origin, disability, sex, gender identity, sexual orientation, age, religion, belief or marital status.
Costs Lawyer employer: Slaughter and May
Contact Detail:
Slaughter and May Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Costs Lawyer
✨Tip Number 1
Familiarise yourself with the specific requirements of the Costs Lawyer role by reviewing the Civil Procedure Rules and recent case law. This will not only enhance your understanding but also demonstrate your commitment and expertise during any discussions.
✨Tip Number 2
Network with professionals in the legal finance sector, especially those who are already working as Costs Lawyers. Attend relevant seminars or webinars to gain insights and make connections that could lead to referrals or recommendations.
✨Tip Number 3
Prepare to discuss your experience with fee arrangements and costs budgeting in detail. Be ready to share specific examples of how you've successfully managed costs disputes or provided strategic guidance on offers to settle.
✨Tip Number 4
Showcase your Excel skills by being prepared to discuss how you have used data analysis in your previous roles. Highlight any specific tools or techniques you’ve employed to manage large amounts of data effectively.
We think you need these skills to ace Costs Lawyer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your qualifications as a Costs Lawyer, including your membership with the Association of Costs Lawyers and your relevant experience. Emphasise your knowledge of Civil Procedure Rules and any specific cases you've worked on.
Craft a Compelling Cover Letter: In your cover letter, address how your skills and experiences align with the key responsibilities outlined in the job description. Mention your ability to manage costs budgets and your experience in dispute resolution, showcasing your proactive approach.
Showcase Relevant Experience: When detailing your work history, focus on your post-qualification experience in costs work. Provide examples of how you've successfully advised clients on fee arrangements and managed complex costs schedules.
Highlight Communication Skills: Since the role requires excellent communication and interpersonal skills, include examples of how you've built relationships with clients, solicitors, and court officers. This will demonstrate your ability to engage effectively with stakeholders.
How to prepare for a job interview at Slaughter and May
✨Know Your Costs Law Inside Out
Make sure you have a solid understanding of the Civil Procedure Rules and relevant case law. Be prepared to discuss how these apply to real-world scenarios, as this will demonstrate your expertise and confidence in the field.
✨Showcase Your Communication Skills
Since the role involves liaising with various stakeholders, practice articulating your thoughts clearly and concisely. Think of examples where you've successfully built relationships or resolved disputes, as these will highlight your interpersonal skills.
✨Prepare for Technical Questions
Expect questions that test your analytical abilities and attention to detail. Brush up on drafting Points of Dispute and Schedules of Costs, and be ready to explain your thought process when managing costs budgets.
✨Demonstrate Proactivity and Organisation
Be ready to discuss how you manage multiple cases and tight deadlines. Share specific examples of how you've taken initiative in previous roles, as this will show your potential employer that you're proactive and organised.