Cost Transparency

Our rates

We are always available to discuss with our clients which fee arrangement would better suit their requirements.

Finding an agreement with the client is usually an easy task for us thanks to the accurateness of our initial estimates in terms of scoping the project and planning the activities. In several cases, we are able to “stop the clock” and offer fixed, capped, or conditional fees.

We have committed to publish our hourly rates for the current year as a way of guaranteeing fairness, predictability and transparency in billing.

Position Hourly Rate
Partner, Counsel EUR 400-500
Lawyer EUR 200-300
Trainee EUR 100-150

 

Billing standards

Clients are offered access to our personalized extranet, allowing real time access to the most relevant information, including deadlines, appointments, documents, up to date billing data and even our timesheets – as soon as they are created

Unless otherwise agreed, the client should normally expect the following benefits:

  • Invoices are submitted on a monthly basis.
  • Our timesheets are  always enclosed to the invoice.
  • Only actual out-of-pocket expenses are charged.
  • We do not charge for the customary assistance requested by the client’s auditors.
  • We are able to produce LEDES formatted invoices.
  • We are skilled and experienced in the use of clients’ e-billing platforms such as Legal Tracker or Tungsten.

 

Our Dedicated Client Extranet

We provide clients with a dedicated extranet to allow real time access to matter related information, including deadlines, appointments, documents, up to date billing data and even our timesheets – as soon as they are created.

Features of the client extranet include:

Online Calendar: Clients can easily access the most relevant matter related events, such as appointments, hearings and deadlines.

Billing Panel: Cost control has become a key issue for legal departments nowadays. Not only are we always available to provide detailed and realistic matter budgets: our extranet shows clients all relevant billing information, including matter billings and WIP, in real time.

Timesheets: We believe that this is one of the most distinctive and innovative features: we make our timesheets available to clients as soon as we create them. For each matter our extranet shows any billable narratives, time, fees and disbursements.

Electronic Archive: On their dedicated extranet, clients can find and download a complete and up to date set of the main matter documents.

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