At a Glance
- Tasks: Assist with cost management and prepare budgets for negotiation.
- Company: Dynamic law firm in London with a supportive team culture.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Opportunity for growth and learning in a fast-paced legal environment.
- Why this job: Join a team where your insights on cost issues can make a real difference.
- Qualifications: Strong organisational skills and excellent communication abilities.
The predicted salary is between 40000 - 50000 £ per year.
Reporting to: Costs Director
Department: Costs
Location: London
Purpose of role: To advise and assist internally on cost issues
Job responsibilities:
- Preparing breakdowns for negotiation
- Advising on cost issues where appropriate
- Preparing cost budgets
- Attending Cost Management Hearings
- Undertaking active costs management and monitoring budgets through Cosine Software
- Drafting formal bill of costs and undertaking detailed assessment process, including attendance at hearings and delivery of associated advocacy
- Liaising with external Cost Lawyers and providing in-house oversight when necessary
- Advising on cost offers
- Advising on the drafting of retainer and other funding documents when necessary
- Delegating work to Paralegals when appropriate and supervising their work
- Team working with other Cost Lawyers, Cost Draftsmen and Litigation fee earners
- Providing costs law updates and related articles for internal knowledge sharing purposes
- Providing in-house training on cost related issues
- Assisting with business planning for Department
- Undertaking any other reasonable duties as requested
General skills:
- Well organised, uses initiative, prioritises appropriately, applies self, shows attention to detail, manages own workload and meets deadlines
- Demonstrates excellent communication and interpersonal skills (respectful, positive, articulate, professional and sympathetic)
- Delivers helpful internal services with a “can do” approach, shows commercial awareness and represents the department/firm appropriately
- Shares information and ideas
- Accepts and follows instructions, listens, makes notes, questions appropriately, co-operates
- Shows sound judgement and decision-making skills; acts within boundaries
- Shows commitment, passion and enthusiasm
- Is a respectful, reliable and supportive team player
- Reflects the firm’s culture
Costs Associate employer: Stewarts
As a Costs Associate in our London office, you will thrive in a dynamic and supportive work environment that prioritises employee growth and development. We offer comprehensive training opportunities, a collaborative culture, and the chance to engage with experienced professionals in the field, ensuring that your contributions are valued and recognised. Join us to be part of a forward-thinking team that is committed to excellence and innovation in cost management.
StudySmarter Expert Advice🤫
We think this is how you could land Costs Associate
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and role thoroughly. Understand their values and how you can contribute to their goals. This will help you stand out and show that you're genuinely interested.
✨Tip Number 3
Practice your interview skills with a friend or mentor. Get comfortable answering common questions and discussing your experience. The more you practice, the more confident you'll feel when it counts.
✨Tip Number 4
Don't forget to apply through our website! We love seeing applications directly from candidates who are excited about joining us. Plus, it shows you're proactive and serious about landing the job.
We think you need these skills to ace Costs Associate
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Costs Associate role. Highlight your relevant experience with cost management and any specific skills that match the job description. We want to see how you can bring value to our team!
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use examples from your past experiences to show how you've successfully managed costs or worked in a team. This helps us see your potential fit within our culture.
Be Clear and Concise:When writing your application, keep it straightforward and to the point. We appreciate clarity, so avoid jargon and make sure your key points stand out. This will help us quickly understand your qualifications.
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details directly and ensures you’re considered for the Costs Associate position. Plus, it’s super easy!
How to prepare for a job interview at Stewarts
✨Know Your Costs Inside Out
Make sure you brush up on your knowledge of costs management and the specific responsibilities of a Costs Associate. Familiarise yourself with terms like 'bill of costs' and 'cost budgets', as well as the software tools mentioned in the job description, like Cosine Software.
✨Showcase Your Team Spirit
Since this role involves working closely with other Cost Lawyers and Paralegals, be prepared to discuss your experience in team settings. Share examples of how you've collaborated effectively in the past and how you can contribute to a positive team dynamic.
✨Prepare for Real-Life Scenarios
Think about potential cost issues that might arise in the role and how you would handle them. Be ready to discuss your approach to preparing breakdowns for negotiation or advising on cost offers, as this will demonstrate your practical understanding of the job.
✨Communicate Clearly and Confidently
Excellent communication skills are key for this position. Practice articulating your thoughts clearly and professionally. During the interview, remember to listen actively, ask questions, and engage with your interviewers to show your enthusiasm and respect for their insights.
