Legal Cost Recovery
/ˈliːɡəl kɒst rɪˈkʌvəri/
Definitions
- (n.) The process by which a party in litigation seeks to obtain reimbursement of expenses incurred in legal proceedings from another party, typically the losing side.
The plaintiff pursued legal cost recovery to cover attorney's fees after winning the case.
- (n.) An element of damages or enforcement that allows successful parties to reclaim procedural expenditures under court rules or statute.
Legal cost recovery often depends on jurisdictional rules regarding who bears the litigation expenses.
Forms
- legal cost recovery
Related terms
See also
Commentary
Legal cost recovery mechanisms vary by jurisdiction and may require explicit court orders or statutory authorization; drafters should clarify the scope and conditions of such recovery in agreements.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.