Small Claims Limit Increase: An Opportunity for Your SME

4th July, 2013, in Business.

 

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See our article published on SME Web!

If you have a small business, the last thing you need is to fight to secure cash flow that should be yours or pay for a service which wasn’t performed properly so that you have to pay someone else to fix it. If someone owes you money then the recent raising of the small claims limit from £5,000 to £10,000 could prove an opportunity for your business.

So why? Well with small claims below £10,000 it’s all about your costs. The last thing you want to do is pay extra and recover nothing. But with small claims, unless you do something really silly (like carry on with an utterly hopeless case!) your opponent cannot recover their costs if you lose. So you only have to consider those costs which you will be responsible for - your costs.  Coupled with your chances of success you can easily take stock of your position.

Now, here at absolute barrister we can fix your costs for small claims, for a barrister to attend court for you, to help drafting skeleton arguments, advising on the law and preparing witness statements. And, we can get you advice upfront for even less to see whether it is worth even considering in the first place. So, if you have a fixed cost and a good case, the only decision you have to make is a business decision.

Courts do not like businesses holding up other businesses and with the new raising of the limit, we can help with the rest. We’re happy to have a chat, however big or small your claim might be, and see how we can best help.

Click here to contact us.

 

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