Price Transparency
Our fees and pricing
In accordance with the Solicitors Regulation Authority guidance on price transparency, we have set out our pricing and fees below.
The profiles of our lawyers, paralegals and administration team, including their experience and qualifications, can be viewed here.
VAT
Our fees and disbursements are subject to VAT at the prevailing rate (currently 20%), unless your matter is exempt or zero-rated for VAT. The VAT amount will be clearly shown on all invoices.
Basis of our fees
As a commercially astute law firm, we offer a range of flexible payment options, including retainers, fixed fees, and hourly rates, to meet the needs of our clients. To ensure you never overpay, we also tailor the legal expertise provided to the task, so that you will benefit from specialist partner advice on your case’s complex and critically important aspects, with paralegals undertaking more routine work.
All work is supervised and delivered to the highest possible standards. Our London lawyer costs are generally charged by reference to the time spent by the solicitor(s) dealing with your claim. These costs can be found below. A detailed breakdown of the time recorded will be provided on all invoices where the matter is billed based on a time estimate.
Hourly rates
The current members of our team and their standard hourly rates are as follows:
- Partners: £497 + VAT
- Senior Associates: £465 + VAT
- Solicitors (5+ Years PQE): £410 + VAT
- Solicitor (Under 5 Years PQE): £325 + VAT
- Senior Paralegal: £306 + VAT
- Paralegals: £265 + VAT
- Administrators: £214 + VAT
Debt Recovery
We offer a free telephone consultation for thirty minutes. Our initial consultation fee will depend on which team member meets with you. During or following the meeting we will provide an estimate of costs. Our services are offered on an hourly rate basis.
The day-to-day running of your debt recovery matter will likely be conducted by Charles Noakes, supervised by Alice Lithgow, although you shall be notified of who will be assisting at the outset.
Example of costs and timescales
The following applies to services provided for debt recovery of unpaid invoices of up to £100,000.00 in value, which are not disputed.
If the debt is disputed, or for any alternative claims or proceedings, we will provide you with a bespoke estimate upon request.
The following information contains estimates of costs and likely timescales, which may vary depending on the nature and complexity of the matter.
Stage: Onboarding and Initial Meeting
Estimated Costs: £2,500.00 – £5,000.00 plus VAT
Timescales: As soon as practicable but generally within 1 week.
Key Elements:
- Instructing County Court Bailiff
- Reviewing paperwork
- Providing you with a letter containing pliminary advice.
Stage: Letter Before Action (LBA)
Estimated Costs: £1,500.00 – £2,500.00 plus VAT
Timescales: Prepared and sent within 2 weeks of previous stage. The debtor has a minimum of 30 days to respond to the LBA, which can increase to 90 days in complex cases.
Key Elements:
- Drafting and sending a Letter Before Action that complies with the Pre-Action Protocol.
Stage: Issuing a Claim for a County Court Judgment (CCJ)
Estimated Costs: £3,000.00 – £5,000.00 plus VAT
Court Fee of 5% of sum claimed, as set out here.
Timescales: 2 to 4 weeks of the Letter Before Action deadline and receipt of the Court fee.
Key Elements:
- Preparing a Claim Form
- Filing the Claim Form at Court
Stage: Requesting Judgment by Default
Estimated Costs: £500.00 – £1,000.00 plus VAT
Timescales: Up to 2 weeks from date of default
Key Elements:
- Filing a Request for Judgement by Default at Court
Stage: Enforcement Proceedings
Estimated Costs: Varies depending on method. Provided upon request, but generally from £1,000.00 to £5,000.00 plus VAT
Court Fee of 5% of sum claimed, as set out here.
Timescales: Issued within 4 weeks from obtaining Judgment.
Key Elements:
- Instructing County Court Bailiff
- Instructing High Court Enforcement Officer
- Attachment of Earnings Order
- Third Party Debt Order
- Charging Order Application
- Statutory Demand / Bankruptcy or Insolvency Proceedings
Disbursements
We may need to make payments on your behalf, known as disbursements. These are payable to third parties such as counsel’s fees, expert’s fees, travel expenses and court fees.
Counsel’s fees will vary according to experience and the complexity of your matter. We will obtain an estimate from counsel for your approval before incurring this expense on your behalf.
How can we help?
Please fill in the form and we’ll get back
to you as soon as we can.
Services
- Commercial Debt Recovery and Litigation
- Commercial Litigation
- Commercial Legal Services
- Corporate Insolvency Lawyers
- Corporate Legal Services
- Defamation
- Director Disqualification Solicitors
- Director and Shareholder Advice
- Employment Law
- Financial Services Regulation
- Insurance
- Commercial Debt Recovery and Litigation
- Commercial Litigation
- Commercial Legal Services
- Corporate Insolvency Lawyers
- Corporate Legal Services
- Defamation
- Director Disqualification Solicitors
- Director and Shareholder Advice
- Employment Law
- Financial Services Regulation
- Insurance
How Can We Help You?
Please fill in the form and we’ll get back to you as soon as we
can
Accreditation and Honours
