DAC Beachcroft on ‘wasted costs’ jurisdiction

The ‘wasted costs’ jurisdiction has traditionally been rarely used but two recent cases may signal the start of an increasing trend in the post-Jackson landscape, according to an update from Ross Risby, a partner, and Luther Kisanga, a barrister, in the Global Professional & Financial Lines Group at DAC Beachcroft. This is of concern for professional indemnity (PI) insurers, given that such orders will usually fall within the scope of the Minimum Terms under a solicitor’s professional indemnity policy, said the update.