Richie Rees’ accomplishments as a costs draftsman at Paragon Costs Solutions have been recognised by the Bristol Law Society, which has shortlisted him for the prestigious Law Student of the Year award.
Following a thorough judging process, the Bristol Law Society – the oldest local law society in the country – noted Richie’s exceptional endeavor, his rapid progression at Paragon Costs Solutions and his success at establishing himself as an authority in costs management within the team.
Richie’s significant impact on the legal sector includes routinely preparing costs budgets (often in excess of £1 million) for Paragon Costs Solutions’ commercial clients, reaching an agreement on a £700,000 budget in a high value PI claim, and a successful application for relief from sanctions resulting in a reversal of a full strike out of costs which led to a successful result at provisional assessment.
Richie’s other key achievements include receiving a grade of distinction on the first year of his Association of Costs Lawyers course, which is a mandatory part of qualifying as a costs lawyer. He is also an active committee member of the Bristol Junior Lawyers Division.
Nick Lee, managing director of Paragon Costs Solutions, said: “We are delighted that Richie has been shortlisted for this award. Richie is competent beyond his years and has demonstrated incredible ability and commercial awareness. He is an asset to our Commercial team and we are thrilled that his accomplishments have earned him a place on the shortlist.”.
The nomination acknowledges a strong year for legal costs specialists Paragon Costs Solutions, which has increased its turnover by 500% just four years since its inception. The firm’s revenue has also doubled in the past year as a result of advising several Top 100 law firms, international banks and leading insurance companies. This, in turn, has enabled it to increase its team of specialist costs lawyers, draftsman and support staff.
Richie will be competing with Sarah Carter (University of Law) and Emma Trevett (UWE) in the Law Student of the Year category. The winner will be announced at the Bristol Law Society’s Annual Dinner at the Marriott City Centre Hotel on 15 October.
The 10 remaining award categories are: Support Team Member of the Year; Junior Lawyer of the Year; CiLEX of the Year; Pro Bono Individual of the Year; CSR Firm of the Year; Barrister of the Year; Chambers of the Year; Solicitor of the Year (sponsored by Paragon Costs Solutions); Law Firm of the Year (up to and including 15 Partners); and Law Firm of the Year (over 15 partners).
Please click here for more information about the Bristol Law Society Annual Awards Dinner 2015.