New Bill of Costs – we are here to help
Mandatory implementation of the new electronic Bill of Costs is now only 4 months away!
Costs incurred after 6 April 2018 will have to be presented in the new format for virtually all multi-track bills. It is envisaged that the digital Excel format will facilitate automatic amendments and re-calculations.
Under the new process, each item of recorded time will need to be allocated with a phase code, task code and activity code, there are 14 phases, 41 tasks and 10 activities to choose from. Similarly, disbursements will need to be allocated into the same phases and tasks and then into one of 15 categories.
Sound daunting? We are here to help.
Having worked closely with our software provider and conducted trials, we have ensured that our systems are effective and robust. We are now able to comply with the new requirements on your behalf. Additionally, we will be happy to provide you with assistance and advice regarding your time recording processes in advance of the deadline.
Please call us on 01600 719161, or email paul@trslegalcosts.co.uk for further information.
