Costs
We aim to make arrangements that provide
clients with reasonable certainty and that reward us for efficiency
and results.
In relation to high value and/or complex cases we have a
preference for sharing risk with our clients. This means we need to
understand our clients' objectives. There are a number of methods
of structuring a fee arrangement in order to achieve this. They
include fixed and conditional fees, contingencies, discounted
rates, caps and success fees. Often in structuring an arrangement
we use a combination of these methods. We are prepared to consider
taking on cases on a no-win-no fee basis (a type of conditional fee
agreement) but usually only after a review for which we may charge
a fixed fee.
In relation to routine cases where the time that will need to be
spent is predicable, eg lease renewals (up to a point) and
squatters' proceedings, we can offer fixed fees.
For clients who need fairly regular support and advice there are
advantages in a periodic retainer. For example an annual sum billed
quarterly avoids the administration involved in the issue and
payment of small bills.
We are always very happy to discuss fee arrangements.
Important note
The Government has confirmed its intention to implement most of
the recommendations in Lord Justice Jackson's Review of Civil
Litigation Costs including a bar on the recoverability of success
fees and insurance premiums paid for after the event insurance. It
is unlikely that the implementation will be retrospective. In the
circumstances it would be advisable for any litigant who is
interested in a no-win-no-fee agreement (or any other agreement
which includes a success fee) or after the event insurance to make
his arrangement without delay.
Authorised and regulated by the Solicitors Regulation Authority
(SRA No 74291)