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 contributions directly impact cost management in legal cases.
- Qualifications: Strong organisational skills and excellent communication abilities required.
The predicted salary is between 40000 - 50000 ÂŁ 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 in London employer: Stewarts
Contact Detail:
Stewarts Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Costs Associate in London
✨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 practising common questions and scenarios related to costs management. We recommend role-playing with a friend or using mock interview tools to boost your confidence.
✨Tip Number 3
Showcase your skills during interviews by sharing specific examples of how you've managed costs or resolved issues in the past. This will demonstrate your expertise and make you stand out from the crowd.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Costs Associate in London
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 in 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 managed costs, prepared budgets, or liaised with external parties. This helps us see your practical application of the skills we’re looking for.
Be Clear and Concise: When writing your application, keep it clear and to the point. We appreciate well-structured applications that are easy to read. Avoid jargon unless it’s relevant to the role, and make sure to proofread for any typos or errors.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details about the role and our company culture there!
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 listed in the job description. Be ready to discuss how you've handled cost issues in the past and how you can apply that experience to the role.
✨Showcase Your Team Spirit
Since this role involves working closely with other Cost Lawyers and Paralegals, be prepared to share examples of how you've successfully collaborated in a team setting. Highlight your communication skills and how you support your colleagues.
✨Prepare for Practical Scenarios
Think about potential scenarios you might face in the role, such as preparing breakdowns for negotiation or attending Cost Management Hearings. Practise articulating your thought process and approach to these situations.
✨Demonstrate Your Organisational Skills
The job requires excellent organisational abilities, so be ready to discuss how you manage your workload and prioritise tasks. Share specific examples of how you've met deadlines and maintained attention to detail in previous roles.