Costs and Fees
I appreciate that is difficult to understand how legal costs are calculated and I make sure that my clients understand the position clearly. There are several different ways in which I can charge for my services and a number of different ways in which clients can pay their bill.
I usually find that it is better to discuss costs and fees after I have a good understanding of the nature of the work that will be required on your project and often this will be after our initial consultation about the case. When I discuss costs and fees I always explain:
- How the fees will be calculated;
- Any further costs which are likely to be incurred in order to run the case through to a conclusion;
- Details of any additional costs (for example Employment Tribunal or Barrister’s fees) which may be necessary to conclude the case;
- The potential to recover costs either from the other party in the litigation or the potential to obtain funding to underwrite the costs from a third party.
Hourly charging rates:
Most lawyers calculate their fees based upon an hourly charging rate which means that the fees increase as more time is spent on the work. Clients who are charged in this way are often concerned that they may start a claim without any certainty of the total cost for the litigation, or that they may face a legal bill which can grow out of control as their case progresses. I offer my clients different payment options which allow them to avoid this uncertainty.
No win – No fee agreements:
In some cases I will offer to undertake my services on the basis of a “conditional fee agreement” (often described as a No Win No Fee agreement) and in these cases, there is no liability to pay for my fees unless the case is successful. Usually, with these agreements, the fee is based upon a percentage of the winnings (often a figure up to 25%).
Fixed fee agremeents:
Another option would be the agreement of a fixed fee for a particular piece of work or project. This has the advantage of providing you with a clear understanding of what your bill will be for the work that I have agreed to undertake. The fee would remain the same whether the work that was involved was more or less than I had expected. This type of fee arrangement often suits businesses who wish to agree a “project cost” which can then be built into a budget. This approach also allows me to provide a reasonably accurate indication of when the bill is likely to be payable which offers a good opportunity to budget for the expense in advance.
Legal Expenses Insurance:
Some of my clients have the benefit of Legal Expenses Insurance policies (often part of a household contents insurance policy) and where such a policy applies it is usually possible to arrange for the insurer to meet some or all, of the costs of representation. Often people are unaware that they have the benefit of the legal expenses insurance policy and this is one of the things that I discussed with new clients during our initial consultation.
Other clients are members of various organisations which provide support in relation to the fees that are incurred in employment disputes (for example various Trade Unions and employer organisations) and it may be possible to arrange for costs to be covered by these third parties if you are a member of such an organisation.
If you would like to discuss the funding of your employment advice and representation please contact me and ask for more information about the different mechanisms for payment.
For a free immediate assessment of your situation call me now on
03302233288 or complete my free online enquiry or book an appointment for a discussion.