In the Multi Track, which tool is used to control costs?

In the Multi Track, which tool is used to control costs?

• A. No budget controls
• B. Costs budgets apply
• C. Contingent costs apply
• D. Fixed costs apply

Answer: (B)

Costs budgeting is used to control costs in the multi-track. In these cases, parties must prepare a costs budget that lays out the expected costs for each phase of the case. The court then uses these budgets to monitor and limit spend, ensuring costs are proportionate to the issues and value involved. This budgeting mechanism is the standard tool for managing costs in the multi-track, whereas no budget controls, contingent costs, or fixed costs regimes do not apply in the same way.

Costs budgeting is used to control costs in the multi-track. In these cases, parties must prepare a costs budget that lays out the expected costs for each phase of the case. The court then uses these budgets to monitor and limit spend, ensuring costs are proportionate to the issues and value involved. This budgeting mechanism is the standard tool for managing costs in the multi-track, whereas no budget controls, contingent costs, or fixed costs regimes do not apply in the same way.