If your lowest temp is 20 degrees, I'd use a thin wool baselayer, powerstretch over that, and then a good softshell pant (Mammut Champ for me). The breathability lets me wear this while moving and it is warm enough for about 30 minutes in camp- then I'd want to get in my bag. I would not carry anything extra for my legs unless it was going to be below zero. Instead, get a good pair of down booties…
Intrestingly, it was 20 degree or so here a few nights ago when my friend talked me into a midnight climb- I wore the above setup and was warm while sitting on very cold rock at the first belay for 30 minutes. Then I got chilly… and told my friend to climb faster.