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We prefer to make our charging structures transparent so that you are aware of the costs you may incur if you choose to instruct us. We depend upon you, our client, to be open with us from the outset so that we have as full a picture of your case as you can provide. Only in that way are we able to give you the best advice we can. Before starting work and during the course of our instructions we will always provide an estimate of costs which we anticipate will be incurred at that time. As the case progresses we will keep you informed about the increasing cost of the case and any changes to the budget we agreed at the outset. We normally deliver bills based on the amount of time spent at the end of every month and expect you to make payment on accounts as we go along. However, every one of our cases is different and we can and are flexible depending on the nature of the work. Volume pricing arrangements are possible. Budgets Budgeting will be familiar to many professionals. To learn more about how this may help you in managing your claim please send an e-mail. Pricing Our standard rates are:
These rates are reviewed during December. All time is normally charged by reference to units of six minutes each recorded via our time recording software. Our terms of business are available on request. FIXED fees GUISE is pleased to offer our clients the opportunity to fix our fees in advance for specified tasks or for an entire project on a stage by stage basis. All that we ask of you is to bear in mind that:
No Win No Win agreements? These days much is heard of the benefits of incentivising one’s lawyer by “sharing the risks” of litigation. In commercial litigation this can lead to unexpected results. If the value of the case is relatively low the result may be that the “partnership” becomes one sided and all of the “winnings” end up in the lawyer’s pocket despite new law that provides for the recovery of the success fee from the losing side. It is best to plan ahead and consider whether these agreements really are an appropriate vehicle for the case at hand. Since we believe in being completely open about the basis on which we charge our form of conditional fee agreement is here. Costs Calculator We have prepared our Costs Calculator for claims up to £500,000 to illustrate what these kind of actions can cost. The Calculator is illustrative only and is based on traditional time recording. There are many different ways of funding cases these days and it is best to seek specific advice about your particular circumstances. The Calculator may be found here
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