Our Fee Arrangement Structures
We can discuss a fixed-fee arrangement for a number of different issues such as representation at court, drafting of documents, reviewing a document and advising upon it for a set agreed fee. All our fixed-fees structures are payable in advance of the work taking place. The main advantage of fixed-fees is that the fee cannot be changed and you will know exactly what the agreed fee covers and what our obligations to you are before you instruct us.
In certain cases we do offer a contingent fee structure. In contrast to an hourly fee or fixed fee, in a contingent fee arrangement we will receive a percentage of the monetary amount the client receives when we win or settle the case. This can either be a 100% contingent fee or a combination of a small upfront fixed fee and a contingent fee.
This is the traditional method of instructing a lawyer, whereby the lawyer keeps a record of the time expended on the clients matter and is charged according to an hourly rate. Our rates range between €200 – €500 plus VAT per hour depending on the seniority of the lawyer/partner involved. Invoices are issued on a monthly basis in order to assist clients with budgeting for their case and avoiding large bills at the end of the case.
A retainer fee is an advance payment that is made by the client to us for future legal services. We offer two types of retainer fee schemes:
(1) General retainer, which is a fee for a specific period of time rather than for a specific task. While no specific representation is contemplated, the client pays for our availability during the time specified.
(2) Retaining fee, which is a deposit or lump sum fee which the client pays in advance. We place this up-front fee in a trust account. As we perform work which is instructed by the client, we withdraw funds from that trust account as payment for the work carried out. Any amount that is left over after legal representation has concluded is refunded to the client.