Our Fees

Transparency

We pride ourselves on being friendly and approachable. We apply that ethos to our fee structuring.

Where we can we quote, and you will get what you have been promised for that quote. If we can not quote, we will explain why.

Our team tracks and monitors time spent  on your work and can update you on progress; just ask us for a breakdown.

Budgeting

If you have a quote it is easier to budget, so we try to quote for you where we can. If we can not, we help with estimates and give you the tools to budget as best you can.

Litigation and some other areas are more difficult to budget for, but we  provide regular costs updates and are always open to discussing budgets.

Some of our clients have budgets from the outset and we work with them to manage those and the work as sensibly as possible.

Group Funding

Projects that involve a number of clients can be funded as a group, considerably reducing costs.

A few times it could be considered are:

  • Freehold property purchases (for leaseholders);
  • Class action litigation
  • Landlord and Tenant issues
  • Employment concerns

Extras

What extras are there? Why are there extras? When do I need them? Do I need them?

We go through all of these questions with you as they arise but you should remember when looking at how we price our work:

  • Where we quote for work, that is what you pay;
  • Disbursements outside of our fees are discussed with you in advance;
  • Estimates are not quotes, but we do what we can to stay within them;
  • We do not charge £X for work, and charge more when we know it should have been included anyway;
  • If you ever want to know whether something else might be needed, just ask. Sometimes we can only estimate, but we help you with that.

Our fees by area

(all fees quoted exc VAT at the prevailing rate and exc disbursements)

A standard Ltd / LLP company costs as little as £250.00 to incorporate.

We ensure it has relevant Articles and Memoranda of Association, and organise for the directors and shareholders to be properly registered at Companies House.

Let us know the name you want and we can check that for you too, otherwise you can carry out a search and see if it is available.

Our start-up package includes the basic documentation you need to open a business, and includes:

  1. Company formation;
  2. Non-disclosure agreement;
  3. Business terms and conditions;
  4. Employment contract (non-senior);
  5. Staff handbook.

£2,450.00 with a 20% = £1,960.00

There will be some input required from you to complete these documents, and we can give further time and support to make them bespoke, if you want that.

Commercial

Our start-up package includes the basic documentation you need to open a business, and includes:

  1. Company formation;
  2. Non-disclosure agreement;
  3. Business terms and conditions;
  4. Employment contract (non-senior);
  5. Staff handbook.

£2,450.00 with a 20% = £1,960.00

There will be some input required from you to complete these documents, and we can give further time and support to make them bespoke, if you want that.

We can advise on and supply a range of contracts from non-disclosure agreements to international distribution agreements.

Some areas on which we provide support and guidance are:

  1. Terms and conditions;
  2. Employment contracts;
  3. Consultancy contracts;
  4. Distribution agreements;
  5. Software agreements (for websites to software).

Prices vary depending on what you would like, but the above are estimates based on you needing standard documentation.

What is required depends on the company and the client, and the time therefore varies.

Further steps usually need to be taken after that, including:

  1. Disclosure letter advice;
  2. Negotiations;
  3. Bespoke drafting, if required.

NDAs are so useful and so quick to turn around for our clients, we only charge a nominal £75.00 for providing them.

You just need to onboard yourself as a client and let us know whether it is:

  1. One way in your favour;
  2. One way in the other party’s favour; or
  3. Mutual.

Contact us to let us know.

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Litigation

You first need to know what kind of issue you have with the contract, and we can provide advice on that for you.

You may then need further support during negotiations, defending a claim and or bringing a claim.

Our usual fee for reviewing a contract varies, but you can expect it to take in the region of 1 – 2 hours to review a contract and advise on the next steps.

The best thing to do is speak with one of our team members: They are experienced and can help with the best direction to take in the early stages.

Understanding the background is key to every type of litigation, but when bringing a claim based on facts, it is vital we have your story clear, and from the outset.

Our team spends time with you doing that. The amount of time varies. If there is very little information to review, it may take 1 – 2 hours, but if there are years of documentation and many instructions to take, it can take a lot longer.

We work with you to provide the best initial advice and that may be in a meeting, or by us reviewing documentation first.

We support our clients after being victims of fraud, from misrepresentation claims to mortgage fraud.

What we can do and what the best fee structure to put in place depends on:

  • The complexity of the case;
  • The damages at stake.

It is such an important area to support our clients on, it is really important that we give our clients careful and expert support.

Speak to us so we can discuss the best pricing structure.

 

Small claims are claims with a value of up to £10,000.00.

A full trial, even for a small claim, can be expensive (although sometimes worth that expense for a variety of reasons).

We break that up for you, starting with free initial 15 minutes of advice on the phone, followed by a meeting and formal written advice for £400.00.

You can find our full breakdown of small claim fees here.

We advise on a range of national and international matters, and would be happy to discuss your case with you.

We approach each case with the same ethos, so whether big or small, personal or business, we want the best for you as our client and for the outcome of the case.

Contact us for more information.

Company

Our start-up package includes the basic documentation you need to open a business, and includes:

  1. Company formation;
  2. Non-disclosure agreement;
  3. Business terms and conditions;
  4. Employment contract (non-senior);
  5. Staff handbook.

£2,450.00 with a 20% = £1,960.00

There will be some input required from you to complete these documents, and we can give further time and support to make them bespoke, if you want that.

What is required depends on the company and the client, and the time therefore varies.

Further steps usually need to be taken after that, including:

  1. Disclosure letter advice;
  2. Negotiations;
  3. Bespoke drafting, if required.

We offer support services for all clients who set up their companies with us

 

Company Formation – £350.00

Registered Office – £750.00

Company Secretary – £750.00

We charge on a percentage of the purchase / sale price:

Bespoke Support from Introduction to Completion

0.3%

The quality of legal advice is the same for each, but the ‘handholding’ and personal support will differ.

We recommend Bespoke Support if purchasing (so you have full and detailed support when purchasing such an important asset)

We calculate our fees by the number of flats in the block.

  • £1,250.00 + VAT per flat in the block
  • We provide discounts for larger blocks
  • Surveyor and third-party disbursements tbc

We can recommend surveyors, valuers and other third-parties to support your purchase as required.

Our fee is £1,250.00 per lease extension.

We cover a wide range of property areas, from Landlord and Tenant to family asset structuring.

Feel free to contact us and speak to one of our team about what you are looking for and we can help plan the advice you need, and a way forward.

Note: We do find that some quotes from firms are incomplete. Our quotes include all the work in our quotes. If you ever want us to compare quotes for you, just let us know.

Employment

Our team advises businesses from contract creation to HR management, and everything in between.

We hope you always feel comfortable calling us when you need something or have any questions: It is better to discuss potential problems early and manage them properly.

We do offer a monthly retainer system for employment advice otherwise, we charge per document or hourly for our advice.

We support our clients with bespoke documentation, although they do tend to begin with a standard set.

Our basic charges for the following documents are below:

  1. £500.00 – junior employee contract;
  2. £750.00 – senior employee contract;
  3. £150.00 – each contract renewal/reproduction;
  4. £350.00 – a single policy;
  5. £750.00 – staff handbook.

We can supply a wide range of documents and advice; just ask.

Private Client

Wills are such an overlooked, but important part of your financial and family planning.

We advise on the full range of testamentary options. Ask one of our team.

Pricing (exc VAT & disbursements)

Will from £450.00

  • 1 will
  • no trust
  • basic tax advice
  • 2 executors
  • 4 legacies

Additional Will items

  • Further 4 legacies – £50.00
  • Further 2 executors – £50.00
  • Trusts from £250.00
  • International, complex tax or trust structures, further work – hourly

LPAs protect your assets during your lifetime if you are not able to manage them yourself.

We describe them as lifetime wills – not very accurately!

There are two forms of LPA:

  1. Property & Finances;
  2. Health & Welfare.

Pricing

1 x LPA – £650.00

Both LPAs – £950.00

Trusts are very useful wealth management and asset protection tools, and can cover property and assets of nearly all kinds, all over the globe.

We advise on the best tax and financial structures, sometimes in conjunction with accountants and international advisers, to guide you through the best structure.

Sometimes just a simple trust is needed.

Pricing

Basic Trust – £850.00

Gifts can be given with some tax benefits, but also some tax pitfalls. You need to take proper advice on the best way to transfer assets.

Deeds of Gift record the gift and make evidencing the tax position much easier. This sounds like something that is not that important, but when a lot of tax risk is at stake, it is vital.

Pricing

Deed of Gift – £350.00 + VAT

  • 1 asset
  • To one person entirely

Further work if required

  • Detailed tax advice
  • Any other work – hourly
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Family

The divorce process can be split into a number of areas.

The actual divorce process is regularly very straightforward; it is the satellite issues of guardianship, contact, finances, non-molestation and occupation orders etc that increase the time needed.

Divorce proceedings (unless defended) require two main steps:

  1. £750.00 – Divorce Petition;
  2. £250.00 – Application for Decree Absolute.

The Court fee is currently £550.00.

Time spent with the children (contact) is the most frequent issue between divorcing couples.

The details needed to bring your concerns or defend against an application, in front of a Court vary.

Broadly the cost of advice in relation to the below matters are:

  1. £950.00 – advice on and completion of C100 Application;
  2. £450.00 – advice on and responding to C100 on C7;
  3. £950.00 – drafting and finalising a witness statement (if required).

We do our best to quote for all matters, but we can not always predict the time required. Below are some examples of what might need to be charged hourly:

  1. Consideration of evidence;
  2. Advising on your specific situation;
  3. Correspondence with third parties, including solicitors.

These agreements are long, cover a lot of information and organise a variety of family matters before, or after marriage.

Our prices for taking initial instructions and producing a first draft based on them are:

  1. £1,950.00 – Pre / Post Nuptial Agreement;
  2. £350.00  – Agreement review (required every few years and on major life events).
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Disbursements

During a case you will not only need our expertise as the team will need other input, from experts to associate services,and also third party fees and charges. We manage those third party interactions for you, and normally organise for payment too.

Our hourly rates only apply if we have not quoted for work. They range from matter to matter, and we will discuss them with you in detail before we begin work.

Please feel comfortable talking to us about them.

We do not:

  • Charge for time not worked;
  • Charge additional time where it is not necessary;
  • Work slowly or less efficiently;

just because we are on an hourly rate.

Our Hourly Rates

£245.00

  • 1 – 5 years of experience
  • Well versed but more junior in the area you will be instructing them
  • Trained in negotiation and strategy
  • Considers your needs as well as the direction of the case

£295.00

  • 5 years of experience or more
  • Experienced in the area you will be instructing them on
  • Skilled in negotiation and strategy
  • Considers your needs as well as the direction of the case

£395.00

  • 10 years experience or more
  • Experienced, and skilled in the area you will be instructing them on
  • Detailed experience in negotiation, strategy and relationship management
  • Considers your needs as well as the direction of the case

£195.00

  • Trained to the highest standards
  • Part way through qualifying as a solicitor (0 – 2 years)
  • Has a good understanding and grounding on the area
  • Overseen by a senior qualified lawyer

£145.00

  • Trained to the highest standards
  • Qualifications vary, but a background in law is usual
  • Has a good understanding of your case and requirements
  • Overseen by a senior qualified lawyer

Retainer

A retainer engagement is where you pay monthly to have us on hand to advise you as regularly as you need.

We discuss each retainer with our clients and ensure it fits their business or personal model. It means we ensure the right pricing and service is provided to you.

Once set up, just call us when you need us!

Some things will be excluded, but you will receive a wide range of day to day services we know you worry about calling your lawyer about, just in case they charge extra.

We take that worry away.

Alternative Funding

There are other options for funding than privately funding it. We are more than happy to encourage different methods of funding a case, even if that means advising that you use another firm. We do not want that, but it is what is best for you that is important.

There is a range of options and you should consider each of them and which works best for you. We offer some but not all of these, and can help put you in touch with some associate firms who can often help. Please ensure you take independent advice before taking out any loans or entering into onerous, and financially driven contracts. We are happy to advise where we can.

These are not exhaustive and your individual circumstances should be considered before deciding on a course of action. Please ask if you need any guidance.

 

Third Party Funding
Third-party funding usually involves a commercial funder agreeing to pay some or all of the claimant’s legal fees and expenses in return for a fee which is payable out of the proceeds recovered from the resolution of the claim (whether by judgment or settlement).
If the claim is unsuccessful, the funder loses its investment and is not entitled to receive any payment.
We work with funders in a few ways, from fully funded (where we are paid our fees by them) to DBAs (so we also take some risk).
Damages Based Agreements

A DBA is a type of contingency fee agreement, where our fees are only payable if you receive “a specified financial benefit” (usually damages paid by the losing side in the case). The amount of the payment will be determined as a percentage of the compensation received. You will usually be liable for disbursements.

If the case is unsuccessful, the representative is generally not entitled to be paid.

The structure minimises the risk and the costs to you, without third party intervention.

Since 1 April 2013, DBAs can be used in almost all contentious business (except criminal and family proceedings). Before that date, they were only allowed in employment tribunals and some other tribunals.

We seriously consider working on this basis. We want to speak with you and check the background to your case first

ATE Insurance

ATE insurance usually covers a party’s potential liability in the event of losing their case, in respect of their own disbursements and their opponent’s costs and disbursements. It is therefore often taken out with another form of funding to cover the client’s own legal costs, such as a CFA or third party funding.

ATE insurance is different from pre-purchased before the event insurance which is often included as part of a household or motor insurance policy and is therefore taken out before a dispute arises. BTE insurance usually covers legal fees and disbursements up to a specified limit. You should always check for BTE insurance before instructing solicitors.

Conditional Fee Agreements

Generally, if the client loses the case, it will not be liable to pay for the fees and any expenses that are subject to the CFA (the conditional fees). If the client wins the case, it will be liable to pay all fees and expenses, including the conditional fees, and a “success fee”, if provided for in the CFA.

A success fee is an additional amount payable for the legal services, over and above the amount that would normally be payable if there was no CFA. It must be expressed as a percentage uplift on the amount that would be payable if there was no CFA and that percentage cannot exceed 100%.

Since 1 April 2013, the success fee is no longer recoverable from the losing side and it must be paid by the client (with a few limited exceptions).

We rarely consider this option unless we are working with a funder.

Other Options

Trade union funding

Trade unions typically provide legal advice and support to their members, often for no charge, depending on the nature of the dispute. However, trade union funding may be restricted to certain types or classes of dispute and there may be costs attached to the provision of funding.

Public funding (legal aid)

Public funding in civil cases became more limited from 1 April 2013, when cuts to civil legal aid (for more information on the scope of legal aid, see the Legal Aid Agency). There are also certain eligibility criteria to be met, including means-testing.
Partly as a result of the more limited public funding, in July 2016, the Bar Council, the Chartered Institute of Legal Executives (CILEx) and the Law Society established a working group to explore the viability of a Contingent Legal Aid Fund (CLAF). The group’s terms of reference describe a CLAF as a “self-sustaining pooled fund to cover the legal costs of a claimant’s civil money claim, where (i) in cases that win, the claimant’s legal costs are recovered from the losing party and a portion of the damages or other sums recovered by the client is paid into the fund, and (ii) in cases that lose, the claimant’s appropriate legal costs are reimbursed by the fund“.
Overall, the working group concluded that without government funding or substantial voluntary donations, the CLAF would need to generate consistent surpluses to build up a long-term fund. It would not be able to look for further funding unless there was a successful record of achievement. In the absence of substantial initial funding, the working group believes that a CLAF would need to obtain support from an established organisation or litigation funder to avoid the costs of establishing the necessary infrastructure to access and manage a suitable volume of viable cases.
We are not aware of any further developments since the survey closed in January 2017.

Funding by a “pure” funder

A “pure” funder is a person who funds an action on the basis that, if the claim succeeds, they will recover only the contribution that they have made. A pure funder has no control over the management of the litigation and will not profit from it. Therefore, the enforceability of the funding arrangements is unlikely to be challenged. 

Crowdfunding

“Crowdfunding” began as a way for start-up companies and charitable causes to ask for resources from the public. Subsequently, litigation-specific crowdfunding platforms started up in the US (for example, LexShares or Invest4Justice).
Crowdfunding is still a relatively untested option, and there are several potential legal issues and grey areas, including whether the courts will consider that it amounts to maintenance or champerty, whether the crowdfunding platform or the individual donors might be held liable for the other side’s costs if the funded party loses (it seems likely that they will) and, if so, whether the Arkin cap would apply.

Have your case reviewed with us

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WC1X 8DX

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