Debt Recovery Fees

Debt Claims (up to £100,000.00)

Our basic charges for the legal work we do are based on the rates we charge for each hour engaged on a case, according to who works on the file. Routine letters and telephone calls are charged out on a time recorded basis at 1/10th of the hourly rate. Other letters and telephone calls will be charged out on a time recorded basis.

In addition to the time spent the firm may take into account a number of factors when calculating our basic charges including the complexity of the issues, the speed at which action must be taken, the expertise or specialist knowledge that the case requires and, if appropriate, the value of the property or subject matter involved.

Our normal hourly rates for carrying out work on a case are:

 

Grade of Fee Earner Hourly Rate
1

Solicitors with over eight years post qualification experience including at least eight years litigation experience

 

£201.00

2

Solicitors and legal executives with over four years post qualification experience including at least four years litigation experience

 

£177.00

3

Other solicitors and legal executives and fee earners of equivalent experience

 

£146.00

4

Trainee solicitors, paralegals and other fee earners

 

£111.00

 

VAT will be added to our basic charges at the rate that applies when the work is done. At present VAT is 20%.

The time spent, for which a charge will be made, includes:

(i)       time spent seeing you or others involved in the case (including travelling if necessary);

(ii)       time spent writing letters to you and others (with routine letters being charged at 1/10 of an hour, and other letters on a time basis);

(iii)      time spent making or receiving telephone calls (with routine calls being charged at 1/10 of an hour, and other calls on a time basis);

(iv)     time spent drafting statements and other documents;

(v)      time spent considering and reviewing documents and/or the matter generally; and

(vi)     time spent travelling to and being at court.

The firm will also be entitled to claim for the cost of payments made to other people involved in the case, such as experts and Counsel, as well as any court fees paid.

In certain circumstances, we may be able to offer fixed legal fees or a Conditional Fee Agreement (‘No Win No Fee’). For further details, please contact us.