Our Costs

What is Value Costing?

This is our approach to helping clients control their legal expenses. You will always know how much your work is going to cost before we do it. Rather than having an open ended system like hourly billing, which is totally unpredictable, we guarantee and stick to our value pricing agreement.

What’s Wrong with Hourly Billing?

How many other things do you buy without known the price beforehand? With hourly billing, you never know how much you are going to pay for a case or a project until it’s too late.

Conflict of Interest and Hourly Billing

Hourly billing puts the interests of the client against the interests of the lawyers. If the project takes longer to complete, which is bad for the client, the law firm makes more money which is good for the law firm. With this kind of pressure, why would lawyers look for an economical way to cost effectively carry out the work?

Why is Value Pricing Better for Clients?

Nobody wants surprises with their legal bills, that is why we agree with you about how much it will cost at the start and stick to it throughout the course of the job. If there are changes in the scope of works, then of course we will discuss the changes with you and make a new agreement.

Comparing Value Pricing with Hourly Billing?

It is very difficult to establish a comparison as firms that hourly bill cannot give you a quote for the finished job. They will always hide behind the hourly rate. No one knows how many hours can be or will be committed to a particular job. With value pricing however, you know from the beginning, exactly what it will cost.

Are there Documents I can look at?

Simply ask one of our lawyers for a Value Costing Agreement and we will explain how the process works. You will have plenty of time to consider the agreement and decide whether you would like to proceed with the matter. You are always in a position where you can negotiate the best price for the job and the most convenient way of arranging payment.