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Fixed Costs Calculator Pre October 2023 Monthly

Fixed Costs Calculation:

\[ Fixed\ Costs = Pre\text{-}2023\ FRC\ Tables \]

£

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1. What Are Fixed Costs?

Fixed costs are predetermined amounts that can be recovered in civil litigation cases, based on pre-October 2023 Fixed Recoverable Costs (FRC) tables. They apply to cases where the amount claimed is within certain limits.

2. How Does the Calculator Work?

The calculator uses the pre-October 2023 FRC tables:

\[ Fixed\ Costs = Pre\text{-}2023\ FRC\ Tables \]

Where:

Explanation: The calculator determines the appropriate fixed costs based on the track and claim value according to the pre-2023 rules.

3. Importance of Fixed Costs Calculation

Details: Accurate fixed costs calculation is crucial for budgeting legal expenses, setting client expectations, and ensuring compliance with cost recovery rules in civil litigation.

4. Using the Calculator

Tips: Select the appropriate track for your case and enter the claim value in pounds. The calculator will determine the fixed costs based on pre-October 2023 tables.

5. Frequently Asked Questions (FAQ)

Q1: What changed in October 2023?
A: The FRC regime was expanded to cover more cases and some amounts were adjusted. This calculator uses the pre-change values.

Q2: Do these apply to all cases?
A: No, fixed costs only apply to certain types of cases within specific value ranges. Some cases are excluded.

Q3: Are disbursements included?
A: No, fixed costs are separate from disbursements which may be recoverable in addition.

Q4: What about staged payments?
A: Some tracks have different fixed costs at different stages of litigation. This calculator shows the total.

Q5: How accurate is this calculator?
A: It provides estimates based on standard FRC tables. Actual recoverable costs may vary in specific circumstances.

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