Our charges will be based mainly on the time spent by our legal staff in respect of any work which they do on your behalf. This will include meeting with you and others, telephone calls, reading and working on papers, correspondence, including e- mails, preparation of any detailed costs calculations, and time spent travelling away from the office when this is necessary. From time to time we may arrange for some of this work to be carried out by persons not directly employed by this firm. You will be charged at rates not greater than those set out below.
- Routine letters and telephone calls made and received are charged as units of 1/10th of an hour (6 minutes). Other letters, faxes, e-mails and telephone calls will be charged at actual time basis.
- The current hourly rates are set out below for categories of fee-earners (or their nearest equivalents). VAT will be added at the current rate (presently VAT is 20%).
Partners, Associate Partners, Consultants
Solicitors, Legal Executives
Trainee Legal Executives
We usually review our charges annually to reflect increases in overhead costs. Changes in rates are effective from 1st January each year and we will inform you of any increase before it takes effect.
In addition to the time spent, we may take into account a number of factors including any need to carry out work outside our normal office hours, the complexity of the issues, the speed at which action has to be taken, any particular expertise or specialist knowledge which the matter requires. In particular, in commercial property transactions and in matters involving a substantial financial value or benefit to a client, a charge reflecting, for example, the price of the property, the size of the transaction, or the value of the financial benefit may be considered. Where a charge reflecting any value element is to be added we will explain this to you.
Solicitors have to pay out various other expenses on behalf of clients ranging from Land Registry fees, to court fees, expert fees, and so on. We have no obligation to make such payments unless you have provided us with the funds for that purpose. VAT is payable on certain expenses. We refer to such payments generally as “Disbursements”.
Examples of our range of charges are as follows; –
a) For Commercial Property and Leases, our charges are from £1,000.00 plus VAT to £3,500.00 plus VAT depending on the type, value, structure and SDLT Requirements of the Lease documentation.
b) For Litigation Services, the fee structure will depend on the value of the claim and its complexity but fees can range from anywhere between £1,500.00 plus VAT for a claim less than £10,000.00 and for a claim in excess of £25,000.00, our costs can range from £7,500.00 plus VAT upwards. For high value claims, additionalservices of an Expert and a Barrister may be require and the Disbursements will be additional costs.
c) For Commercial Contracts, depending on the type and length of Contracts to be prepared, our costs may be in the region of £750.00 plus VAT to £5,000.00 plus VAT.
d) For employment matters, our charges dependent on representation at the Employment Tribunal (ET) will range from £5,000.00 to £15,000.00 plus VAT depending on the complexity. If attendance is required at the ET, then the services of a Barrister will be required at £1,000.00 plus VAT per day depending on the duration of the hearing.
e) In relation to other commercial matters not listed above, our fees will be determined pursuant to the Fee Earner’s appropriate hourly charging rate plus VAT as above dependent on experience, qualifications and where applicable, the value of the transaction or claim.