Common use of Paying us Clause in Contracts

Paying us. If you win your claim, you pay our basic charges, expenses, disbursements and a success fee. You are entitled to seek recovery from your opponent of part or all of our basic charges and our expenses and disbursements but not the success fee. The overall amount we will charge you for our basic charges, success fees, expenses and disbursements are limited as set out in Schedule 2. It may be that your opponent makes a Part 36 offer or payment which you reject on our advice and, your claim for damages goes ahead to trial where you recover damages that are less than that offer or payment. In these circumstances, you may be ordered to pay your opponent’s costs, but only up to the amount of damages and interest awarded to you. If you receive interim damages, we may require you to pay our expenses and disbursements at that point and a reasonable amount for future expenses and disbursements. If you receive provisional damages we are entitled to payment of our basic charges, our expenses and disbursements and success fee at that point. If you win overall but, on the way, lose an interim hearing, you may be required to pay your opponent’s charges and disbursements. If on the way to winning or losing you are awarded any costs, by agreement or court order, then we are entitled to payment of those costs, together with a success fee on those charges if you win overall. If you lose you do not pay our charges, but you may be required to pay your opponent’s charges and disbursements. The Success Fee is set out in Schedule 1. Registered Office: 7th Floor, Cardinal House, 20 St Mary’s Xxxxxxxxx, Xxxxxxxxxx, X0 0XX. Company registration number: 07072321. Barings Ltd is authorised and regulated by the Solicitors Regulation Authority under registration number 5225752. Details of our basic charges are set out in Schedule 2. If you have right to cancel this agreement under Schedule 3 and do so within the 14-day time limit, you will pay nothing. Otherwise if you end this agreement before you win or lose, you pay our basic charges and expenses and disbursements. If you go on to to win, you also pay a success fee. We may end this agreement before you win or lose, with the consequences set out in the Law Society conditions.

Paying us. If you win your claim, and or are successful on any pre-action or interlocutory court applications you pay our basic charges, expenses, our disbursements and a success fee. You are entitled to seek recovery from your opponent of part or all of our basic charges and our expenses and disbursements but not the success fee. The overall amount we will charge you for our basic charges, our disbursements, a success fees, expenses fee and disbursements are limited insurance premium as set out in Schedule 2the 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 andadvice, your claim for damages goes ahead to trial where you recover damages that are less than that offer or payment. In these circumstancesIf this happens, you may be ordered will not have to pay your opponent’s costs, but only up to any of our basic charges or a success fee for the amount work done after we received notice of damages and interest awarded to youthe offer or payment. If you receive interim damages, we may require you to pay our expenses and disbursements at that point and a reasonable amount for our future expenses and disbursements. If you receive provisional damages damages, we are entitled to payment of our basic charges, charges our expenses and disbursements and success fee at that point. If you win overall but, but on the way, way lose an interim hearing, hearing you may be required to pay your opponent’s charges of that hearing. Please see conditions 3(h) and disbursements5. If on the way to winning or losing you are awarded any costs, by agreement or court orderwin an interim hearing, then we are entitled to payment of those costs, our basic charges and disbursements related to that hearing together with a success fee on those charges if you win overall. If you lose lose, you do not pay our charges, but you may be required to pay your opponent’s charges and disbursements. The Success Fee is set You may be able to take out in Schedule 1an insurance policy against this risk. Registered Office: 7th Floor, Cardinal House, 20 St Mary’s Xxxxxxxxx, Xxxxxxxxxx, X0 0XX. Company registration number: 07072321. Barings Ltd is authorised Please also see conditions 3(j) and regulated by the Solicitors Regulation Authority under registration number 5225752. Details of our basic charges are set out in Schedule 25. If you have right to cancel this agreement under Schedule 3 and do so within the 14-day time limitlose, you will do not pay nothingour charges nor our disbursements. Otherwise if If you end this agreement before you win or lose, you pay our basic charges and expenses and disbursementscharges. If you go on to to win, you also 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. These are for work done from now until this agreement ends. 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 consequences hourly rate on 1st May each year. We will provide you with details of any increase in our hourly rates upon request. This is a percentage of our basic charges. The reasons for calculating the success fee at this level are set in Schedule 1 to this agreement. You cannot recover from your opponent the part of the success fee that relates to the cost to us of postponing receipt of our charges and disbursements (as set out in the Law Society conditions.at paragraphs (a) and