CapitaLegal’s fee structures are designed with our client’s needs foremost in our minds. We want to be in a position to fully understand our client’s business and how the transaction or matter we are working on affects the client.
We believe that this is the way to achieve the best outcome.
We have four broad strategies for charging fees, and will work with you to determine a charging method which most suits your business and the type of work we are undertaking for you.
- Fixed fees
Many of our legal services are provided on a fixed fee basis, especially if we are advising our client on a discrete transaction or a defined piece of work. Based on the work you need done, CapitaLegal will quote you a fixed fee for provision of those services. This means you can talk to us about your needs and the progress of your transaction or issue without fear that you will be incurring huge additional expenses in doing so. It also means that we may spend a little more time getting to know you, your business and your needs, thereby ensuring our advice really gets to the heart of your matter. We believe this is conducive to creating the best working relationship between CapitaLegal as your legal advisor and your business.Where you have appointed CapitaLegal to maintain your corporate records, provide corporate secretarial services or maintain compliance reporting, these services are also provided on the basis of fixed annual fees.
- Regular retainer
Where you require regular legal advice, or simply want to have the freedom and opportunity to pick up the phone or send a quick email with a query without having to worry about negotiating a price before doing so, a regular retainer may be suitable for you. We generally employ regular retainers where we are providing general counsel services or on-going advice on a particular project or series of transactions.
- Hourly rates
Of course, there’s always a time when the traditional fall back of hourly rates is the one which works best for you. You will find our hourly rates are very competitive and we always aim to charge fairly.
- Success fee
For select clients involved in raising capital or finance for their business, we may negotiate our fees to be payable on a success fee basis. The fee may be calculated as a percentage of the amount raised or as an agreed amount, and is only payable once you have reached financial close on your capital raising. This means that you receive reliable advice during your capital raising, safe in the knowledge that you will only be required to pay for the advice once you have achieved your capital raising goal.