Your case is unique you, so we take a bespoke approach to pricing taking into account factors such as value and complexity, and will provide you with a personalised fee proposal at the outset. We recognise the importance of certainty to clients and in most cases we are able to offer either a fixed fee, or an initial fixed fee. We otherwise charge on a time spent basis at hourly rates ranging from £120 plus VAT (for a paralegal) to £320 plus VAT (for a partner). A full list of rates is available upon request. We do not enter into conditional fee agreements, damages based agreements or any other form of contingent fee arrangement, although we can assist in procuring ‘after the event’ legal expenses insurance to protect against the risk of an adverse costs order.
In relation to debt recovery work, such as the recovery of rent arrears from a former tenant, our average fixed fees are set out below. The work will be undertaken by paralegals supervised by a qualified solicitor unless agreed otherwise. These fees assume that this is a ‘standard’ debt recovery case and that no unforeseen matters or complications arise. We consider that if a claim becomes subject to complex factual or legal issues or requires expert evidence, it is likely to fall outside of the below debt recovery guideline costs and we will discuss fees with you separately. The below fees are not inclusive of VAT, and do not include the costs of disbursements, such as court fees or barrister’s fees.
|Drafting and sending of a Letter Before Action||£500|
|Drafting and issuing a Claim||£750|
|Drafting and filing a Defence||£500|
|Drafting and filing a Defence and Counterclaim||£600|
|Advising on next steps, including enforcement procedures if payment is not received.||£100-£200|
When issuing a claim for money, the court issue fee is based on the amount claimed, including interest. These are set out below:
|Value of your claim||Court Fee|
|Up to £300||£35|
|Greater than £300 but no more than £500||£50|
|Greater than £500 but no more than £1,000||£70|
|Greater than £1,000 but no more than £1,500||£80|
|Greater than £1,500 but no more than £3,000||£115|
|Greater than £3,000 but no more than £5,000||£205|
|Greater than £5,000 but no more than £10,000||£455|
|Greater than £10,000 but no more than £200,000||5% of the value of the claim|
Anyone wishing to proceed with a claim should note that:
The VAT element of our fee cannot be reclaimed from your debtor.
Interest and compensation may take the debt into a higher banding, with a higher cost.
The costs quoted above are not for matters where enforcement action is needed to collect your debt.
Resolving debt recovery matters can take anything from a weeks, to many months, depending on the debtor’s approach. If enforcement action is needed, the matter will take longer to resolve.