Costs sharing agreement: an example | Practical Law

Costs sharing agreement: an example | Practical Law

This is an example of a costs sharing agreement, which could serve as a useful starting point when drafting such an agreement. It will, however, need to be tailored to your particular circumstances and needs. It covers, among other matters, how the costs will be apportioned between the claimants and what the liability of a claimant will be if they join or leave the litigation after the agreement is signed.

Costs sharing agreement: an example

Practical Law UK Standard Document 4-513-1353 (Approx. 13 pages)

Costs sharing agreement: an example

by Roger Mallalieu KC, Barrister, 4 New Square
Maintained, England, Wales
This is an example of a costs sharing agreement, which could serve as a useful starting point when drafting such an agreement. It will, however, need to be tailored to your particular circumstances and needs. It covers, among other matters, how the costs will be apportioned between the claimants and what the liability of a claimant will be if they join or leave the litigation after the agreement is signed.
This costs sharing agreement must be read in conjunction with the integrated drafting notes, which explain why certain clauses have been drafted the way that they have and why certain clauses are optional.