We offer three charging methods to accommodate clients' needs and the particular type of work:
1. Hourly rate
Our normal charging scheme, featuring rates which are very competitive for the City insurance market: -
- Principal and senior consultant Solicitors at 220 to 350 per hour * (depending on complexity)
- Consultant lawyers at 140-250 per hour * (depending on complexity)
Computer print-outs of time recording are available on request.
2. Contingency
Where the work is litigious, and involves multiple cases or cases involving a legal and not factual dispute, we may be able to arrange a payment schedule whereby fees are contingent upon the success of the cases.
A pure contingency approach is not suitable for all situations, however, and we tend to recommend a mixed approach (below).
3. Mixed approach
In this payment scheme half the hourly rate is due as normal and the remainder is due upon success at trial.
We feel that in many circumstances this scheme most appropriately apportions the risk and rewards between ourselves and our clients, allowing both parties to maximise recoveries and minimise costs.
We are happy to discuss your particular needs.