There are various different fee charging models available and these will vary according to each individual case. Wherever possible costs will be agreed in writing prior to commencement of any work by the barrister. In cases that are unusually lengthy or complex, it may not be possible to agree a fixed fee for certain items of work. In those circumstances we will agree an appropriate hourly rate for the item of work.
Barristers at Old Square Chambers are open to considering accepting instructions on Personal Injury cases under a Conditional Fee Agreement (CFA). In CFA cases the fees and will be governed by the terms of the CFA.
One of the fee structures commonly used for Commercial Law cases is a fixed fee. This means that, wherever possible, we will quote a fee in advance of the work being carried out. For hearings we typically charge a brief fee which includes counsel’s preparation for the hearing and attendance at the first day of the hearing. A refresher fee will be charged for each subsequent sitting day.
Please see below estimates based on the ranges of fixed fees and brief fees for barristers at Old Square Chambers in ordinary Commercial Law cases.
|Item||Range of fees (estimates)|
|Hourly rate||£100 to £1,000 plus VAT|
|Written advice||£500 to £10,000 plus VAT|
|Advising in conference||£750 to £10,000 plus VAT|
|Brief fee for Case Management|
Hearing in London region
|£500 to £10,000 plus VAT|
|Brief fee for 1 day hearing in London region||£1,000 to £25,000 plus VAT|
|Brief fee for 2 day hearing in London region||£2,000 to £50,000 plus VAT|
|Refresher fee||£500 to £7,500 plus VAT|
Wherever possible, we will endeavour to achieve the timescales outlined, or any other reasonable timescales agreed at the time of accepting the instructions. Timescales may vary depending on factors such as barristers’ availability, the complexity of your case, the need for additional documents and the other side’s approach. Chambers will, wherever possible, endeavour to provide advice and representation that meets and exceeds the needs of our clients. Unforeseeable factors such as tribunal/court delays, cases overrunning, barrister illness and other factors outside of our control could cause delays. We will always endeavour to work with you to ensure we meet and exceed your expectations wherever possible. Where it is not possible, we will ensure we communicate clearly and regularly with you to guide you through any challenges.