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Oakwood Solicitors
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Fees – Corporate Employment and HR Package

Home » Fees – Corporate Employment and HR Package

We aim to deliver a professional service which achieves your aims whilst being transparent about our pricing structure. We strive to deliver excellent value for money whilst providing a personal touch to our service whilst always focusing on assisting you in achieving your business aims.

Types of Work We Undertake

We offer a range of legal services for businesses which include:

Corporate Employment and HR Package

Ordinarily we encourage clients to enter into our Corporate Employment and HR Package as this is typically the most beneficial service for the client. Our standard package is on a 12 month retainer but we can offer longer term retainers, at discounted prices, on request. This service includes:

Our Fee Structure for the Package

Where clients enter into our package, fees are paid by direct debit each month. Our fee structure is based on the number of employees engaged in the business.

NUMBER OF EMPLOYEES TOTAL ANNUAL COST (INCLUDING VAT AND INSURANCE) MONTHLY DIRECT DEBIT AMOUNT
0 – 10 £1,920.00 £160.00
11 – 20 £2,220.00 £185.00
21 – 30 £2,821.00 £235.10
31 – 40 £3,310.27 £275.85
41 – 50 £4,200.43 £350.03
51+ On quotation only On quotation only

Alternative Funding

If you do not believe you would benefit from our package, we can offer alternative funding options for individual circumstances.

Private Retainer

You will pay us for our charges based on an hourly rate set in our retainer. We will provide you with an estimate of fees from time to time but our charges will be based on the amount of time we spend on your matter.

Our standard hourly rates are dependent on the qualification and experience of the fee earner dealing with the matter.

GRADE OF FEE EARNER HOURLY RATE

Grade A
Any Solicitor or Legal Executive with over 8 years PQE. Grade A will include any Director

£225 per hour plus VAT
Grade B
Any Solicitor or Legal Executive with more than 4 year’s PQE but less than 8 year’s PQE. Any other fee earner with more than 4 years experience.

£200 per hour plus VAT
Grade C
Any Solicitor or Legal Executive with less than 4 years PQE. Any other fee earner with more than 1 year but less than 4 years experience. Trainee Solicitors shall be regarded as Grade C if they have more than 2 years experience prior to commencement of the training contract.

£175 per hour plus VAT
Grade D
Any Trainee Solicitor or other fee earner with less than 1 year’s experience.

£135 per hour plus VAT
An estimate of our charges on a Private Retainer are detailed below.

Fixed Fee

We may agree to charge you a fixed fee for a particular matter, or part of a matter. Our charge will not be relevant to the time we spend on the matter albeit an estimate of the likely time we spend on a matter will be used as the basis for setting the fee.

We may set a number of fixed fees relevant to a matter to fix a fee for a particular matter in the transaction or dispute. By way of example, we may agree a fixed fee to review your prospects of success and provide an advice on this.

Estimate of Fees

We have provided two examples of fees below based on different styles of funding.

Private Retainer

The extent of our fees will be dependent upon the amount of time we spend on your case and the level of the fee earner who has conduct of the matter. We will allocate a fee earner of a suitable level to your case. So for example, more complex cases will ordinarily be dealt with by more senior staff.

By way of example if a case is dealt with by our Head of Department, Ben Palmer, his hourly rate is £225 per hour plus VAT. If we spent 10 hours working on your file, our fees would therefore equate to £2,250 plus VAT.

The amount of time we spend on a case will depend on the stage at which a case settles. So for example our charges may be more on a less complex case which proceeds to a final Tribunal hearing than our fees on a more complex case which settles quickly.

We will provide you with an estimate of our fees on a case by case basis. Based on experience our usual estimate of fees to a final Tribunal hearing would be:

Simple cases: £2,000 – 5,000 (excluding VAT and disbursements)

A simple case may include a claim for unlawful deduction of wages, a claim for redundancy pay or a simple breach of contract case.

Medium complexity case: £5,000 – 10,000 (excluding VAT)

Medium complex cases may include claims for Unfair Dismissal or more complex breach of contract claims such as holiday claims or claims relating to commission payments.

High complexity case: £10,000 – 15,000 (excluding VAT)

Typically higher complex cases will involve issues of discrimination, whistleblowing or victimisation.

Factors that could make a case more complex:

There will be an additional charge for attending a Tribunal Hearing of around £1,250 – 2,000 per day (excluding VAT). Generally, we would allow 1 – 4 days depending on the complexity of your case. This charged may be raised by the Solicitor or by a Barrister where a Barrister is representing you at the Tribunal Hearing.

Damages Based Agreement

Under a damages based agreement, our charges are based on a fixed deduction from your damages based on a fixed percentage of 35% excluding disbursements.

For example, if your claim is settled or awarded the sum of £30,000 then our fees would be £10,500 irrespective of the time we spend on the matter. Conversely if your case settles for £5,000 then our fees would be £1,750.

The advantage of a DBA to you is that it gives you certainty that our costs are proportionate to the award. The disadvantage is that our fees under a DBA could be higher than under a private retainer particularly with higher value cases which settle quickly.

We are not obliged to offer a DBA and we will only offer a DBA where we believe that there sufficient prospects of success to do so.

Disbursements

Disbursements are costs related to your matter that are payable to third parties, such as court fees. We handle the payment of the disbursements on your behalf to ensure a smoother process.

If your case goes to a Tribunal hearing and it is necessary to instruct Counsel then Counsel will ordinarily charge a daily or hourly rate based on their level of experience. Counsel’s fees are estimated between £1,250 to £2,000 per day (depending on experience of the advocate) for attending a Tribunal Hearing (including preparation)

WHAT TO DO NEXT

If you would like to enquire about any of our services, call us now on 0113 200 9787 or email us at enquiries@oakwoodsolicitors.co.uk.

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