Fixed Price Service
Fixed prices give you certainty. Where the scope of the work is clear and relatively certain then a fixed price will be very close to the price you would have paid by the hour. The more uncertain the scope of the work, complex disputes for instance, the higher the fixed price is likely to be compared to the amount you may pay by the hour if things go smoothly. The reason for this is that fixed costs have to cover the risk of the dispute costing far more than is usually the case. The greater the uncertainty the higher the fixed price. It may suit you to pay extra for certainty and for the comfort of calling or emailing whenever you like without worrying about the cost. Whether it is the right deal for you depends on your own financial constraints, need for support and appetite for risk. We will consider a fixed price at your request for complex pieces of work. For more straightforward work we already quote a variety of fixed prices:
| Small claims fixed fee | Click here to view |
| Contract of employment | £250 plus VAT |
| Staff Handbook | £500 plus VAT |
| Shareholders Agreement | £750 plus VAT |
| Possession Notices | from £100 plus VAT |
| Possession proceedings | from £325 plus VAT |
| Construction Adjudication | from £3,000 plus VAT |
No Win No Fee
Litigation is expensive and risky. A litigation solicitor is usually the person best able to understand and assess that risk. Under a normal hourly rate retainer it is the client that takes all the risk in litigation. To us that seems wrong.
We believe that we shouldn’t ever recommend that our clients bring or defend a claim unless we are willing to share in the risk and only get paid if the client wins.
Offering a No Win No Fee is not a special situation for us, it is the norm.
Why would you trust a solicitor who advises you to litigate but refuses to risk their own fee on the outcome of the case?
Because we are sharing the risk you can be sure that our advice is commercial and realistic.
A No Win No Fee is not always the best option and we will examine all the other funding options including a fixed fee, damages based agreement or a normal retainer.
If we get the litigation funding structure right our clients can punch above their weight and, working together, we have the best prospects of success.
Damages Based Agreements (DBA’s)
DBA’s are a relatively new option for funding litigation. In simple terms we agree a percentage of the damages with you that we will receive in payment for our work.
The benefits are that you know exactly what you will pay and you only pay if you win and you get paid. We can still recover our costs from the opponent in the usual way up to the amount agreed under the DBA. Therefore if the case goes on for a long time and we spend more time than expected you may get all of your costs paid by the other side and you will keep all of your damages.
The danger for you is that if the case settles in a matter of days or weeks we will receive a windfall percentage of the damages and you will lose up to 50% (depending on what is the agreed percentage).
Whether a DBA is more suitable for you than a normal retainer, fixed fees or a No Win No Fee depends on the facts of each case. We work with you to find the best value funding structure taking into account your particular needs.
Fixed Monthly Fee
Agree a monthly fee with us and then use us like your legal department at any time and as often as you like without extra charge. We can tailor the agreement to cover HR & Employment as well as contract and litigation. You decide. This is a fantastic way to get unlimited legal advice in our areas of expertise. Any member of your team can call and email us to resolve queries, update contracts and deal with disputes and litigation without extra cost. This puts your business in strong commercial position when negotiating contracts and dealing with problems.
Meet the Helix Law team
