Our charging structure is more flexible than that of most solicitors firms and our fees are much lower. Because we are an industry focused, specialist firm which avoids the traditional model of teams of fee earners assigned to cases, high hourly rates, time recording targets and inefficient duplication amongst lawyers, our overhead is controlled so that our fees are significantly lower than those charged by City solicitors; less than 50% of the cost.
We are pleased to initially discuss issues and problems with clients free of charge. When we do start charging, our maximum fees are £200 per hour, regardless of the scale or complexity of an advice, transaction or claim. Our experience means that our clients benefit from ‘senior partner’ expertise at every stage - compared with the sometimes disjointed and weak case handling provided by some law firms where partners invariably delegate to junior lawyers or trainees with little or no real experience.
We do not have billing targets, escalating hourly rates or teams of fee earners waiting to be employed in transactions or on cases. We are not preoccupied with increasing year on year the infamous ‘PEPs’ - Profits Per Equity Partner - which has become the focus of many law firms.
We offer fixed and lump sum fee arrangements, fee collars, capped fees and sliding scale fees for larger disputes. We also work for clients on monthly retainers and offer all inclusive day-rates and 'No Win No Fee' contingency arrangements. Our fees are recoverable in Arbitrations in exactly the same way that solicitors’ costs are.
We aim to make a profit, but a fair profit, not an excessive one!
While he was practising as a solicitor, Andrew Iyer was described by the 'International Law Office, Client Choice Guide' as:
"very cost effective, efficient and proactive - he takes the initiative in speeding up recalcitrant opponent lawyers to the negotiating table."