Price and service notice—fixed price—general—law firms
Price and service notice—fixed price—general—law firms

The following Practice Compliance precedent provides comprehensive and up to date legal information covering:

  • Price and service notice—fixed price—general—law firms

    1. 1

      Legal costs

      1. 1.1

        There are [two OR three] main elements to the legal costs of [insert brief description of services, eg obtaining a grant of probate and distributing an estate]:

        1. 1.1.1

          our charges;

        1. 1.1.2

          expenses we must pay out of your behalf[; OR .]

        1. 1.1.3

          [costs that you may have to pay another party.]

      1. 1.2

        Our charges

        1. 1.2.1

          We charge a fixed price [of £[insert price excluding VAT] OR ranging between £[insert price excluding VAT] and £[insert price excluding VAT] depending on [insert description of the factors that will dictate where in the fixed price range your fees will fall, eg the value and complexity of your matter]].

        1. 1.2.2

          [If a matter or transaction does not reach a conclusion, we reserve the right to charge for the work done, using our normal charging basis of £[insert rate] per hour. This applies even where a fixed rate has been agreed for the whole matter.]

        1. 1.2.3

          Our charges do not include VAT, which we will add to your bill at the prevailing rate.

      1. 1.3

        Expenses

        [Even where our charges are fixed, we would usually expect to incur certain expenses your behalf which we will also add to your bill. The amount of expenses can vary and the following is an estimate only:

        ExpenseEstimated amountVAT chargeable
        [Describe disbursement]£[Insert estimated amount of disbursement][yes OR no]
        [Describe disbursement]£[Insert estimated amount of disbursement][yes
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