Legal costs specialists Paragon Costs Solutions has promoted experienced costs lawyer Claire Bullock to the newly-created position of legal director.
Claire – who formed Bristol-based Paragon Costs Solutions with managing director Nick Lee in 2011 – will assume greater responsibility for the growth of the firm by continuing to develop its work in her specific practice areas, managing relationships with key clients, and directing, supervising and mentoring senior costs lawyers.
Claire will continue to provide expert advocacy and technical support to clients for all types of litigation, as well as leading Paragon Costs Solutions’ Court of Protection practice area. She will also retain her role as committee member at the Bristol branch of Women in Banking & Finance.
The promotion signifies a continuation of growth for Paragon Costs Solutions, whose 21-strong team of specialist costs lawyers, draftsman and support staff regularly prepare and advise clients on costs budgets, conduct Costs Case Management Conferences (CCMCs), and deal with the well-known costs assessment process and any advocacy.
Since its inception the firm – which began life with Nick and Claire advising just one client – has increased its turnover by 500 per cent as a result of advising national and international clients, Top 100 law firms, small- and medium-sized high street law practices, international banks and insurance companies.
Claire said: “The growth of the business has provided us with an opportunity to review and redefine the ever-changing role of a costs lawyer. Our engagement begins with guiding clients through the various funding arrangements that may be available for their clients. We then help them budget their case, gain the court’s approval of the budget and proceed to the detailed assessment process.
“I am very pleased to be leading a team whose focus remains on gaining a thorough understanding of its client’s practice area. Our clients trust us to get all three steps of the costs management process right, which, in turn, lays the foundation for long-standing commercial relationships.”