We aim to be transparent with regard to our fees and how we charge for what we do. We can provide you with an initial costs/benefits analysis and likely time scale on a review of your documents for £250 plus vat. We do not work for fixed fees or success fees but charge an hourly rate for the time we spend on your affairs after the initial review.
The hourly charge is £275 plus vat for moving your case through all stages to conclusion but that hourly rate will change to £350 plus vat if we appear in Court to represent you in hearings or negotiations at meetings where other representatives may be present to hear us or debate the merits of your case.
Our estimates will be reviewed and revised as necessary but can't be regarded as fixed cost quotes. We will update you as and when necessary, particularly if a case departs from normal process/progress.
Key Stages of Disputed Cases in Debt and/or Employment Disputes
- Taking your initial instructions, reviewing the papers and advising you on merits and likely recovery or compensation (this is likely to be revisited throughout the matter and subject to change)
- Entering into pre-claim mediation or conciliation where this is mandatory to explore whether a settlement can be reached;
- Preparing claim or response
- Reviewing and advising on claim or response from other party
- Exploring settlement and negotiating settlement throughout the process
- preparing or considering a schedule of loss
- Preparing for (and attending) preliminary hearings and case management with Judges
- Exchanging documents with the other party and agreeing a bundle of documents for trial
- Taking witness statements, drafting statements and agreeing their content with witnesses
- Reviewing and advising on the other party's witness statements
- agreeing a list of issues, a chronology and/or cast list
- Preparation and attendance at Final Hearing, including instructions to Counsel
Where possible we will claim costs, court fees and interest from your debtor in addition to the debt. In most instances a proportion of costs and all court fees are recoverable; however, the VAT element of our fees and expenses might not be recoverable from your debtor. In employment cases, costs are rarely recoverable in whole or even in part.
If debt claims are not defended we can usually obtain a judgment for less than £1,000 plus vat and inside 60 days from your first discussion with us. If the debtor will not pay on judgment, it may be necessary to employ a bailiff or look to other enforcement options to secure payment. Then recovery will take longer to resolve and fees may increase.
THE COURT ALSO CHARGES YOU A FEE TO START A CLAIM BASED ON THE AMOUNT YOU CLAIM AS SHOWN BELOW
|Amount of debt||Court fee|
|Up to £300||£35|
|£300.01 to £500||£50|
|£500.01 to £1,000||£70|
|£1001.01 to £1,500||£80|
|£1,500.01 to £3,000||£115|
|£3,000.01 to £5,000||£205|
|£5,000.01 to £10,000||£455|
|£10,000.01 to £15,000||5% of the value of the claim|
|£15,000.01 to £200,000||5% of the value of the claim|
The Court charges an extra fee for enforcing payment when a Debtor ignores the Judgment as shown below
|Method of enforcement||Court fees / other disbursements|
|Warrant of execution||£110|
|Writ of execution||£66|
|Order to obtain information||£55|
|Land registration fee||£43|
|Attachment of earnings||£110|
If a debt is arguable then you should not expect judgment in less than 6 months. The cost to you would range from £5,000 to £50,000 depending on the complexity of case, evidence and witness numbers. We would advise at our hourly rate and if the other party disputes your claim at any point, we will discuss the further work required and provide you with revised advice about costs as and when appropriate.
Factors that could make a case more complex:
- An obtuse opponent or opposing solicitors (we choose neither for you)
- Making or objecting to changes of case statements or witness statements with applications to amend claims or to provide further information about an existing claim
- Defending claims that are brought by litigants in person
- Making or defending a costs application relative to the process rather than the issues
- The number of witnesses and documents to consider as relevant
- Anyone wishing to proceed with a claim should note that:
- A Judge has discretion to award 'the winner' his legal costs in part as an 'extra'
- You are responsible to us for costs regardless of whether and when the debtor pays you
- Interest and compensation may take the debt into a higher banding, with a higher cost.
If you believe your debtor can't pay you may prefer to have us issue a statutory demand, Bankruptcy or Winding up petition. We charge £750 plus vat to draft and serve a Statutory Demand and £3,000 plus vat to draft and serve a Petition for Bankruptcy or Winding Up of a company. There are additional fees we must pay for you to issue and advertise a Court Petition and have it delivered to the debtor.
Our pricing for bringing and defending claims for unfair or wrongful dismissal are in these bands
Simple case: £1,000 to £5,000 (excluding VAT)
Medium complexity case: £5,000 to 20,000 (excluding VAT)
High complexity case: £20,000 to £50,000 (excluding VAT)
There may be an additional charge for attending a Tribunal Hearing of £1,500 per day (excluding VAT). Generally, we would allow 2 - 5 days depending on the complexity of your case. We may have to instruct barristers to appear for you and their fees are between £2,000 and £5,000 per day for attending a Tribunal Hearing including preparation. This is dependent on the seniority of the barrister.
If a settlement is reached during pre-claim conciliation, your case is likely to take 4 - 12 weeks. If your claim proceeds to a Final Hearing, your case is likely to take 40 weeks. We will be able to give you a more accurate timescale as the matter progresses and we have more information from you. You rarely recover any part of your solicitor or barrister's fees in the Employment Tribunal.
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