We focus on return on investment.
Firstly, we sit down with you at the outset and clearly establish your needs and what you need us to do for you. We will then explain what’s involved, legally, in achieving those objectives.
We then agree what the fee will be, and from that point it is fixed. This means it doesn’t matter whether you call us twice during the whole transaction or 20 times a day!
It’s also important to be clear that in some commercial transaction the shape of the deal changes. For example, another new company may need to be formed, or a new property may need to be acquired. In these cases, again, before undertaking any additional work for you, we will go through precisely the same process as above, discussing, agreeing and fixing a further fee for the new aspect of the project.
We want to work with your business in the long term, and trying to save you money and reduce your legal costs is a great way of demonstrating our commitment to this.
Secondly, if you’ve looked at the rest of our site you’ll see that we have concentrated our investment on hiring really great, business minded lawyers. We don’t have huge teams of partners, junior lawyers, administrators and support staff. This considerable reduces our operating costs we’re more than happy to pass those savings on to clients.
We believe this gives us a significant commercial advantage we don’t think you’ll get better service or value elsewhere.
Once fees have been agreed we will then go on to discuss the best way for you to pay them.
We usually ask for an initial payment upfront. It’s also fairly standard that further payments are then agreed at specific stages of a transaction. Some clients prefer to set up a standing order and pay an agreed sum each month. In other cases, because we have more flexibility in these matters than most, we are always happy to look at other ways to help you, for example, client’s occasionally offer warrants or a small share holding in exchange for legal fees and we are always happy to look at such proposals.