2 weeks ago
FIXED MONTH RETAINER -Why not have an in-house lawyer for your business for as little as £100 per month?
As a basic starting point, as solicitors, we charge for our time. That is published as an hourly rate, but actually accrues, or builds up, in units of 6 minutes (known as “a unit”). The reason for this is that it is easier to monitor costs building up in hours that are divisible by 10. (10 x 6-minute units are 60 minutes). In this way, you can monitor your own time accrual according to the hourly rate of the solicitor that is working for you.
The solicitor’s hourly rate is £200 per hour, so every unit cost £20.
If the solicitor spends 6 minutes on work for you, this will be transferred to a bill of £20.
If the solicitor spends 12 minutes (that’s 2 units), then it turns into a bill for £40 and so on.
For example, if you are bringing a claim for Unfair Dismissal, try to discuss only relevant facts instead of spending unnecessary time informing us of how you could have earned more money working for a different employer (which is irrelevant). We see it as our duty to try to guide you as to what is and what isn’t relevant, but we will still charge you if you wish to talk about how your dog is losing weight now that you have more time to walk him!
We understand that instructing a solicitor can be nerve racking, especially if it’s your first time, and this can make you second guessing our advice at every turn. It is your right to do so and we will never object or take issue. However, this will force us to spend more time on your case, answering those questions, leading to a higher cost.
Try sending us only documents relevant and necessary for your case. If you are unsure about whether a document needs to be read by us, you can ask us before sending it. Sometimes it’s not possible to tell whether a document is relevant from just a description of it and we will have to read it as it would be our fault if we missed something. However, we will try our best to guide you.
For example, if you need to send a doctor’s note to your employer, you can ask us to send it or send it yourself. Also, if you wish to return goods to your business or employer, you can ask us to return them or return them yourself. The latter will be less expensive as you will be doing the task and we won’t have to spend any time. If you instruct us to deal with these though, they are not dealt by senior lawyers in the practice but by paralegals with a lower hourly rate.
We always ask our clients to meet us in our premises. This is because we charge for the time we spend travelling to and from your home/ office.
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