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Following on from our article: the solicitor’s hourly rate explained we have put together a few hints and tips for keeping your legal bill as reasonable as possible and getting the best value from your solicitor.
Charging according to the time spent on your matter using the hourly rate method is still the most common way that law firms charge for their services. This means, to put it bluntly, time is money. The more hours that your solicitor spends on your case, the more you will be charged.
A solicitor will charge you for everything they do which is related to your case. This will include:
It may be appealing to go to a firm who can offer you a very low hourly rate. Generally this will be because a junior member of the team (who will have the lowest hourly rate) will work on your case. This can be a false economy however as you will have to factor in the additional time it will take them to do things, the additional research they will need to do, and the fact that they will need to be supervised by someone more senior.
A more experienced solicitor (with a higher hourly rate) will instinctively be able to advise you, having seen similar cases in the past, and could ultimately end up providing you with better value because they can get the result you want more quickly.
Before you choose your law firm, we would recommend asking some searching questions, such as:
Always ask your solicitor for an estimate of how long they think a particular piece of work will take. It may not be possible for them to predict a long way in advance (as they won’t know exactly how the matter will progress) but they should be able to break down individual bits of work such as drafting a document and give you an expected price for this. An estimate is a best guess, it is not the same thing as a fixed quote. Matters can always take an unexpected turn which means they take longer and cost more. However, if the estimate looks like being significantly wrong then your solicitor should inform you of this as soon as they can.
In some cases, or for some pieces of work, your solicitor may be able to offer you a fixed fee (you know in advance what it will cost and this will not change) or, a capped fee (where you will not pay more than a given maximum price but may pay less if the work takes less time). It may not always be possible to predict the amount of time that will be spent on your matter, or any particular stage of it, so such arrangements may not always be agreed. However, it is always worth asking if a fixed fee arrangement is available.
The more efficiently your solicitor uses their time, the less time they spend on your matter, the less you will be charged.
Note that we have to review all correspondence and documentation which we receive from you. Before we can give you meaningful advice we will need to understand all the facts of your case. It can take a considerable amount of time to “read-in” to complex matters where there is extensive documentation. Clients are sometimes surprised that they need to pay for this preparatory work but, this is vital to being able to provide quality assistance to clients and will be chargeable.
While no solicitor will want to “cut corners”, there are things you can do to cut down on charges for unnecessary time. For example:
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Please note that we are unable to offer free legal advice. Our consultation team are here to take your case details and explain any costs involved.
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