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Proposal 55
Steps should be taken to compile benchmark costs for use in Hong Kong.
Proposal 55 (relating to benchmark costs, as outlined in the Interim Report) should not be
adopted, without prejudice to the adoption, where thought appropriate, of costs indications
complied from available reliable costs information, for fixing costs in specialist lists and for
guidance generally.
The Judiciary should compile and publish information as to costs derived from the decisions
of taxing masters and other reliable sources to promote consistency, accuracy and fairness in
judicial awards of costs and to assist parties in the negotiation of legal fees and in settling
disputes as to costs.
Proposal 56
Provision should be made in Hong Kong to require the parties, periodically and as ordered,
to disclose to the court and to each other best available estimates of costs already incurred
and likely to be incurred in the case.
Proposal
56 (for disclosure of costs between the parties and to the court) should not be
adopted.
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