Solicitor and own Client (Indemnity) and Standard (party and party) costs
When a client seeks reimbursement for costs spent on legal services and advice, they may do so on a solicitor and own client basis (indemnity) or a standard (party and party) basis.
We provide legal costing services for all jurisdictions and are currently servicing over 300 law firms throughout Queensland, New South Wales, Victoria and Western Australia.
Our team of senior solicitors and senior cost consultants provide legal costing services for matters involving personal injury, motor vehicle accidents, Work Cover claims, family law, commercial law, and criminal law matters.
Solicitor and Own Client
The basis on which costs can be recouped on a solicitor and own client basis is founded in the retainer between the solicitor and client which provides for the rates of the solicitor’s professional fees and the disclosure requirements necessary under the Legal Profession Act 2007. Depending on the cost agreement itself, disbursements may also be able to be recovered.
Standard (party and party) costs
Standard costs, also known in New South Wales and Victoria as Party and Party costs, are those costs awarded by an Order of the court, usually to the successful party so that they may recover costs expended on the matter. This type of costing is based on the ‘loser pays’ principle so that the party not at fault will not have to carry the burden of the costs of litigation.