How to manage litigation costs as an SME

The government has now followed through with its proposal to introduce significant increases in court fees first mooted in January, with the new regime coming into force on 9 March. Fees for claims of between £1 and £10,000 will remain at their present levels with a £455 ceiling, though the cost of issuing cases worth between £10,000 and £200,000 will rise significantly to five per cent of the value of a claim.