Costs Disclosure – Stricter Obligations and Updating Requirements – Leo Cussen Centre for Law

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Costs Disclosure – Stricter Obligations and Updating Requirements

Costs Disclosure – Stricter Obligations and Updating Requirements

$100.00
$100.00
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Tax included.

This seminar will unpack the evolving landscape of costs disclosure under the Legal Profession Uniform Law, with a focus on the increasing scrutiny around compliance, the practical challenges of estimating legal costs, and the implications of recent case law.  

Drawing on the decision of YBL Trust v Theodore & Price [2024] NSWDC 592, this seminar will provide critical guidance for legal practitioners navigating disclosure and cost disputes. 

This seminar will cover: 

  • Understanding section 174(1)(a) of the Uniform Law - What constitutes compliant disclosure? 
  • Is a range sufficient, or must a single figure be provided? 
  • Why disclosure is not a tick-box exercise and how courts interpret “sufficient” estimates. 
  • When and how practitioners must revise cost estimates throughout a matter’s progression. 
  • Party-party vs solicitor-client costs. 
  • Drafting compliant disclosures, managing client expectations, and avoiding void cost agreements. 
  • What happens when disclosure obligations are breached?  

This seminar is essential for practitioners seeking to refine their cost disclosure practices, mitigate risk, and stay ahead of regulatory expectations.