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What is summary assessment?

Summary assessment of costs normally takes place at the end of an interim hearing or a trial which is less than 1 day. The parties will have filed a statement of costs which is a concise summary of the costs they have incurred for that hearing or the whole proceedings. The Court has a wide discretion and often will take a very broad brush approach on costs.

For explanations of further keywords & phrases used in the context of commercial disputes we’ve produced a Legal Jargon Buster.

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