Paying us. If you win your claim, and or are successful on any pre-action or interlocutory court applications you pay our basic charges, our disbursements and a success fee. You are entitled to seek recovery from your opponent of part or all of our basic charges, our disbursements, a success fee and insurance premium as set out in the document “What you need to know about a CFA”. It may be that your opponent makes a Part 36 offer or payment which you reject and, on our advice, your claim for damages goes ahead to trial where you recover damages that are less than that offer or payment. If this happens, you will not have to pay any of our basic charges or a success fee for the work done after we received notice of the offer or payment. If you receive interim damages, we may require you to pay our disbursements at that point and a reasonable amount for our future disbursements. If you receive provisional damages, we are entitled to payment of our basic charges our disbursements and success fee at that point. If you win but on the way lose an interim hearing you may be required to pay your opponent’s charges of that hearing. Please see conditions 3(h) and 5. If on the way to winning or losing you win an interim hearing, then we are entitled to payment of our basic charges and disbursements related to that hearing together with a success fee on those charges if you win overall. If you lose, you pay your opponent’s charges and disbursements. You may be able to take out an insurance policy against this risk. Please also see conditions 3(j) and 5. If you lose, you do not pay our charges nor our disbursements. If you end this agreement before you win or lose, you pay our basic charges. If you go on to win, pay a success fee. Please also see condition 7(a). We may end this agreement before you win or lose. Please also see condition 7(b) for details. Basic charges These are for work done from now until this agreement ends. How we calculate our basic charges These are calculated for each hour engaged on your matter. Routine letters and telephone calls will be charged as units of one tenth other letters and telephone calls will be charged on a time basis. The hourly rates are: • Partners, Consultants and Solicitors with over 4 years experience £ • Other Solicitors and Legal Executives and other Staff of equivalent experience £ • Litigation Executives £ • Trainee Solicitors and other Staff of equivalent experience £ We will review the hourly rate on 1st May each year. We will pro...
Paying us. If you win your claim, you pay our basic charges equivalent to 25% of the amount of damages awarded, and our disbursements. There is no ability to recover these amounts from CICA. Please also see conditions 4 and 6. If you receive an interim award, we may require you to pay our disbursements at that point and a reasonable amount for our future disbursements, together with our basic charges to date. If you lose the application, you do not have to pay our charges but may require you to pay our disbursements. If you end this agreement before you win or lose, you pay our basic charges on an hourly rate for the work done and our disbursements. Please also see condition 7(a). We may end this agreement before you win or lose. Please also see condition 7(b) for details. Basic charges These are for work done from now until this agreement ends. Value added tax (VAT) We add VAT, at the rate (now 17.5%) that applies when the work is done, to the total of the basic charges. Conditions Conditions are attached because they are part of this agreement. Any amendments or additions to them will apply to you. You should read the conditions carefully and ask about anything you find unclear.
Paying us. 9.1.2. executed wholly within the United Kingdom in sterling; or All payments
Paying us. If you win your claim, you pay our basic charges, disbursements and a success fee together with any applicable premium for after the event insurance (AEI) (collectively, the Charges). You are entitled to seek recovery from your opponent of part or all of our basic charges and our disbursements, but not the success fee or any AEI premium. Where you recover costs from your opponent, they will be deducted from the Charges, and you will pay the balance. An Overall Cap applies to the Charges that you will be liable to pay to us if you win. The Overall Cap on the Charges (net of costs recovered from your opponent) is 50% of your compensation. This Overall Cap also applies to any other deductions from your compensation, e.g. to cover the cost of insurance or litigation funding, so that you should always keep at least half your compensation. Note that the Overall Cap may not apply if this agreement is terminated early: see the Law Society Conditions below. If you win, but your recovery of costs from your opponent is limited because your rejected a formal offer to settle your claim on our advice, we will not claim any basic charges or disbursements for the work done during any period where your own costs are disallowed because of the offer (unless your disbursements are covered by your AEI). Irrespective of whether you win or lose, you are always immediately liable to pay us any costs which you recover in the proceedings. Those costs will remain subject to the success fee if you (whether then or subsequently) win overall. If the remedies consist of a money payment you agree to pay the Charges directly from the sums recovered, and you authorise us to deduct the Charges before paying the balance to you.
Paying us. If you win the case (which means that an Agreement is reached that money is paid to you by anyone) you pay us 20% of the money we recover (“Our Fee”). You also pay us disbursements. VAT is payable on our fees. If you lose the case, you do not pay us anything. Disbursements are payments we make on your behalf to others involved in the case. If you end the Agreement before the case is won or lost, you are liable to pay our costs at the rates set out below for a partner with letters and telephone calls charged at the appropriate proportion of the hourly rate save where we have submitted a case to the FSCS or FOS at the time you end the Agreement when Our Fee will be due and payable within 7 days of you ending the Agreement. All of these figures do not include VAT at the standard rate of 20%. £150 including VAT per hour for a Partner £120 including VAT per hour for a Case Handler, Trainee or equivalent Our fee is due and payable within seven days of any monies being paid. If we receive the monies we will deduct our fee and forward the balance. If you receive the monies you will need to pay us within seven days. For what happens if we end the Agreement before the case is won or lost, please refer to paragraph 8.
Paying us. 3.1. If You Win and receive any Payment from any party in respect of Your Claim after the date of this Agreement, you agree to pay us 40% of the Sum You Ultimately Recover including any sum You receive in respect of interest, plus VAT. This is called the contingency Fee or the Success Fee, subject to a minimum charge of £250 plus VAT. The reasons for setting the Success Fee at 40% plus VAT are that the Courts may take the view that the FCA redress process is correct, the case may not prove to be commercially viable if there is insufficient claim value or low prospects of success, the case may be issued but for any reason it may not proceed, the case requires specialist consumer credit experience and even if you win, we must fund your disbursements and barristers’ fees.
Paying us
