Price List

Debt Recovery

The following fees apply to Stage 1 of the debt recovery process:

Letter Before Action, Late Payment Letter or Pre-Action Protocol Letter

If your debt is disputed, a charge of £15.00 plus VAT will be payable in respect of the time we spend sending you copy correspondence and/or details of any telephone call(s) we receive from your opponent.  Ad-hoc requests for further advice and/or guidance will be charged at the rate of £15.00 plus VAT per email and/or telephone call.

Letter Before Action: What Is Included?

• Due diligence of UK-based individuals and organisations.
• Opening a file on our computer system.
• Reading your completed Letter Before Action Form.
• Preparing a letter before action using the information provided by you on your completed Letter Before Action Form. This will be a letter based upon a basic template.  It will not set out the factual background to your case.
• Sending a letter before action to your opponent by Royal Mail First Class post.
• File closing and archiving.

Letter Before Action: What Is Not Included?

• Due diligence of non-UK-based individuals and organisations.
• Reading any documents other than your completed Letter Before Action Form.
• Any analysis of your case and your prospects of success.
• Investigating your opponent’s financial circumstances and/or ability to pay you.
• Dealing with e-mail and/or letter correspondence from you, your opponent and/or any other third party.
• Telephone calls to and/or from you, your opponent and/or any other third party.
• Processing any payments.
• Dealing with any ad-hoc requests for further information and/or guidance.
• Monitoring the progress of your case or asking you for updates.
• Any advice regarding any changes in the law, which may have an impact upon your case.
• Any other work not specifically referred to above.

Work that is not included will be charged at the prevailing hourly rate of the lawyer and/or fee earner that undertakes the work.

Late Payment Letter: What Is Included?

• Due diligence of UK-based individuals and organisations.
• Opening a file on our computer system.
• Reading your completed Late Payment Letter Form.
• Preparing a late payment letter using the information provided by you on your completed Late Payment Letter Form. This will be a letter based upon a basic template.  It will not set out the factual background to your case.
• Sending a late payment letter to your opponent by Royal Mail First Class post.
• File closing and archiving.

Late Payment Letter: What Is Not Included?

• Due diligence of non-UK-based individuals and organisations.
• Reading any documents other than your completed Late Payment Letter Form.
• Any analysis of your case and your prospects of success.
• Investigating your opponent’s financial circumstances and/or ability to pay you.
• Dealing with e-mail and/or letter correspondence from you, your opponent and/or any other third party.
• Telephone calls to and/or from you, your opponent and/or any other third party.
• Processing any payments.
• Dealing with any ad-hoc requests for further information and/or guidance.
• Monitoring the progress of your case or asking you for updates.
• Any advice regarding any changes in the law, which may have an impact upon your case.
• Any other work not specifically referred to above.

Work that is not included will be charged at the prevailing hourly rate of the lawyer and/or fee earner that undertakes the work.

Pre-Action Protocol Letter: What Is Included?

• Due diligence of UK-based individuals and organisations.
• Opening a file on our computer system.
• Reading your completed Pre-Action Protocol Letter Form.
• Preparing a pre-action protocol letter using the information provided by you on your completed Pre-Action Protocol Letter Form. This will be a letter based upon a basic template.  It will not set out the factual background to your case.
• Sending a pre-action protocol letter to your opponent by Royal Mail First Class post.
• File closing and archiving.

Pre-Action Protocol Letter: What Is Not Included?

• Due diligence of non-UK-based individuals and organisations.
• Reading any documents other than your completed Pre-Action Protocol Letter Form.
• Any analysis of your case and your prospects of success.
• Investigating your opponent’s financial circumstances and/or ability to pay you.
• Dealing with e-mail and/or letter correspondence from you, your opponent and/or any other third party.
• Telephone calls to and/or from you, your opponent and/or any other third party.
• Processing any payments.
• Dealing with any ad-hoc requests for further information and/or guidance.
• Monitoring the progress of your case or asking you for updates.
• Any advice regarding any changes in the law, which may have an impact upon your case.
• Any other work not specifically referred to above.

Work that is not included will be charged at the prevailing hourly rate of the lawyer and/or fee earner that undertakes the work.

We will aim to process your request for a letter before action, late payment letter or pre-action protocol letter the same day, provided that your instructions reach us by 4.00pm and that day is a business day.

The following fees apply to Stage 2 of the debt recovery process:

Court Action

*Plus 5% of any fees claimed pursuant to the Late Payment of Commercial Debts Regulations 2002, as amended by the Late Payment of Commercial Debts Regulations 2013 and interest pursuant to Section 69 of the County Courts Act 1984.

What Is Included?

• Due diligence of UK-based individuals and organisations.
• Opening a file.
• Asking you to provide us with copy invoices and a statement of account.
• Reading your copy invoices and statement of account.
• Preparing a claim form based upon a basic template and issuing it in the County Court Business Centre.
• Notifying you if/when judgment becomes available.

What Is Not Included?

• Due diligence of non-UK-based individuals and organisations.
• Reading any documents other than your copy invoices and a statement of account.
• Any analysis of your case and your prospects of success.
• Investigating your opponent’s financial circumstances and/or ability to pay you.
• Dealing with e-mail and/or letter correspondence from you, your opponent and/or any other third party.
• Telephone calls to and/or from you, your opponent and/or any other third party.
• Processing any payments.
• Dealing with any ad-hoc requests for further information and/or guidance.
• Monitoring the progress of your case or asking you for updates.
• Dealing with an acknowledgment of service.
• Dealing with a defence and/or counterclaim.
• Dealing with any application made by your opponent and/or any other third party.
• Preparation for and representation at any court hearing.
• Any advice regarding any changes in the law, which may have an impact upon your case.
• Any other work not specifically referred to above.

Work that is not included will be charged at the prevailing hourly rate of the lawyer and/or fee earner that undertakes the work.

We will aim to process your request to issue court action the same day, provided that your instructions reach us by 4.00pm and that day is a business day.

The following fees apply to Stage 3 of the debt recovery process:

Judgment & Enforcement Action

For debts over £100,000.00, please contact us for a costs estimate.

What Is Included?

• Asking you to provide us with details of any payments received.
• Reading an updated statement of account.
• Preparing a request for judgment and submitting it to the County Court Business Centre.
• Sending you a copy of the request for judgment.
• Making application for a warrant of control or instructing a high court enforcement officer to apply for a writ of control.

What Is Not Included?

• Reading any documents other than an updated statement of account.
• Sending you a copy of any judgment order.
• Any analysis of your case and your prospects of success.
• Investigating your opponent’s financial circumstances and/or ability to pay you.
• Dealing with e-mail and/or letter correspondence from you, your opponent and/or any other third party.
• Telephone calls to and/or from you, your opponent and/or any other third party.
• Processing any payments.
• Dealing with any ad-hoc requests for further information and/or guidance.
• Monitoring the progress of your case or asking you for updates.
• Dealing with any application made by your opponent and/or any other third party.
• Preparation for and representation at any court hearing.
• Any advice regarding any changes in the law, which may have an impact upon your case.
• Any other work not specifically referred to above.

Work that is not included will be charged at the prevailing hourly rate of the lawyer and/or fee earner that undertakes the work.

In the event that your opponent wishes to make payment, we will ask that all payments are sent to you directly.  If, however, we are required to process payment, a charge of £15.00 plus VAT will be payable in respect of the time we spend remitting funds to you.

We will aim to process your request to enter judgment and commence enforcement action the same day, provided that your instructions reach us by 4.00pm and that day is a business day.

Commercial Dispute Resolution

Where a claim or proposed claim is disputed or where a case is particularly complicated, our fixed hourly rate of £150.00 plus VAT will apply.  No work on disputed cases will be undertaken until we have provided you with a costs estimate and obtained your prior authority to proceed.

Insolvency Law

The following fees apply to the various stages of the insolvency law process:

Drafting & Serving A Statutory Demand

What Is Included?

• Due diligence of UK-based individuals and organisations.
• Opening a file.
• Asking you to provide us with copy invoices and a statement of account.
• Reading your copy invoices and statement of account.
• Preparing a statutory demand and sending it to a process server for service upon your opponent.
• Notifying you if/when service has been effected.
• Notifying you if/when you are in a position to issue a bankruptcy petition.

What Is Not Included?

• Due diligence of non-UK-based individuals and organisations.
• Reading any documents other than your copy invoices and a statement of account.
• Any analysis of your case and your prospects of success.
• Investigating your opponent’s financial circumstances and/or ability to pay you.
• Dealing with e-mail and/or letter correspondence from you, your opponent and/or any other third party.
• Telephone calls to and/or from you, your opponent and/or any other third party.
• Processing any payments.
• Dealing with any ad-hoc requests for further information and/or guidance.
• Monitoring the progress of your case or asking you for updates.
• Dealing with any application made by your opponent and/or any other third party.
• Preparation for and representation at any court hearing.
• Any other work not specifically referred to above.

Work that is not included will be charged at the prevailing hourly rate of the lawyer and/or fee earner that undertakes the work.

Presenting A Bankruptcy Petition

What Is Included?

• Due diligence of UK-based individuals and organisations.
• Opening a file.
• Asking you to provide us with copy invoices and a statement of account.
• Reading your copy invoices and statement of account.
• Preparing a bankruptcy petition, issuing it in the appropriate county court and/or division of the high court and sending it to a process server for service upon your opponent.
• Notifying you if/when service has been effected.
• Instructing an advocate to represent you at the initial hearing of the bankruptcy petition.

What Is Not Included?

• Due diligence of non-UK-based individuals and organisations.
• Reading any documents other than your copy invoices and a statement of account.
• Any analysis of your case and your prospects of success.
• Investigating your opponent’s financial circumstances and/or ability to pay you.
• Dealing with e-mail and/or letter correspondence from you, your opponent and/or any other third party.
• Telephone calls to and/or from you, your opponent and/or any other third party.
• Processing any payments.
• Dealing with any ad-hoc requests for further information and/or guidance.
• Monitoring the progress of your case or asking you for updates.
• Dealing with any application made by your opponent and/or any other third party.
• Preparation for and representation at any court hearing other than the initial hearing of the bankruptcy petition.
• Any other work not specifically referred to above.

Work that is not included will be charged at the prevailing hourly rate of the lawyer and/or fee earner that undertakes the work.

Sending A Pre-Winding Up Letter

What Is Included?

• Due diligence of UK-based individuals and organisations.
• Opening a file on our computer system.
• Asking you to provide us with copy invoices and a statement of account.
• Reading your copy invoices and statement of account.
• Preparing a pre-winding up letter using the information provided by you. This will be a letter based upon a basic template.  It will not set out the factual background to your case.
• Sending a pre-winding up letter to your opponent by Royal Mail First Class post.
• File closing and archiving.

What Is Not Included?

• Due diligence of non-UK-based individuals and organisations.
• Reading any documents other than your copy invoices and statement of account.
• Any analysis of your case and your prospects of success.
• Investigating your opponent’s financial circumstances and/or ability to pay you.
• Dealing with e-mail and/or letter correspondence from you, your opponent and/or any other third party.
• Telephone calls to and/or from you, your opponent and/or any other third party.
• Processing any payments.
• Dealing with any ad-hoc requests for further information and/or guidance.
• Monitoring the progress of your case or asking you for updates.
• Any advice regarding any changes in the law, which may have an impact upon your case.
• Any other work not specifically referred to above.

Work that is not included will be charged at the prevailing hourly rate of the lawyer and/or fee earner that undertakes the work.

Presenting A Winding Up Petition

What Is Included?

• Due diligence of UK-based individuals and organisations.
• Opening a file.
• Asking you to provide us with copy invoices and a statement of account.
• Reading your copy invoices and statement of account.
• Preparing a winding up petition, issuing it in the appropriate county court and/or division of the high court and sending it to a process server for service upon your opponent.
• Notifying you if/when service has been effected.
• Instructing an advocate to represent you at the initial hearing of the winding up petition.

What Is Not Included?

• Due diligence of non-UK-based individuals and organisations.
• Reading any documents other than your copy invoices and a statement of account.
• Any analysis of your case and your prospects of success.
• Investigating your opponent’s financial circumstances and/or ability to pay you.
• Dealing with e-mail and/or letter correspondence from you, your opponent and/or any other third party.
• Telephone calls to and/or from you, your opponent and/or any other third party.
• Processing any payments.
• Dealing with any ad-hoc requests for further information and/or guidance.
• Monitoring the progress of your case or asking you for updates.
• Dealing with any application made by your opponent and/or any other third party.
• Preparation for and representation at any court hearing other than the initial hearing of the winding up petition.
• Any other work not specifically referred to above.

Work that is not included will be charged at the prevailing hourly rate of the lawyer and/or fee earner that undertakes the work.

Debtor Tracing

The following fees apply to our debtor tracing service:

Any Other Services

Any other services we provide to you, which are not set out above will be charged at the prevailing hourly rate of the lawyer and/or fee earner and/or member of staff that undertakes the work.

Funding Your Case

As a firm, the only type of funding we will accept is private funding.  This amounts to you taking sole responsibility for the payment of our fees.  There are, however, a number of other methods of funding a legal case and it is your responsibility to investigate such other methods if you do not wish to pay us to deal with your matter.

Examples of other methods of funding include before and after the event insurance, conditional fee agreements, contingency fee arrangements and legal aid, although this is not available for businesses.

How Much Will It Cost?

Our Debt Recovery Service and our Insolvency Law Service are based upon a fixed fee pricing structure and this document must be read in conjunction with our Price List and our Terms & Conditions of Business.  Our Commercial Dispute Resolution Service is based upon the prevailing hourly rate of the lawyer and/or fee earner that undertakes the work.  As every dispute is different, it is very difficult to provide an estimate of the total costs you are likely to incur in dealing with your case.  However, you should take steps to budget for costs that may amount to a minimum of 50% of the aggregate financial value of the dispute you have become involved in.

Recovery Of Costs & Liability For Costs

At the conclusion of your matter and in the event that you are successful, it may be that you are entitled to recover some of your costs from your opponent.  Although we will endeavour to maximise your recovery of costs, if the costs are not agreed as a result of a settlement, the court will assess what costs you are able to recover.  The court will usually reduce the amount of costs claimed significantly.  Therefore, you must be aware that it is unlikely that you will recover the full amount of costs that we have billed you.

Before embarking on litigation, it is important that you are aware of the risks involved should you lose your case.  You will not only be unable to recover the costs you have incurred but you will also be liable to pay your opponent’s costs, which could mirror or exceed your own.  Any costs awarded against you will usually be payable within 14 days.

How Long Will It Take?

Where it is possible to resolve your case without the need for court proceedings, your matter may take 1 to 12 months to reach a conclusion.

Where it is not possible to resolve your case without the need for court proceedings, your matter may take 12 to 24 months to reach a conclusion.

What Risks Are Involved?

A number of risks are involved in threatening, bringing and defending court proceedings.  The most common risks are, as follows:

1. That you will incur significant costs, which you may not get back, if it is not possible to achieve a compromise with your opponent.
2. That you may have to pay your opponent’s costs (as set out above).
3. That the matter will take a considerable amount of time to resolve if it is not possible to achieve a compromise with your opponent.
4. That your opponent will become insolvent, either during litigation or as a result of it.

At all times during the legal process, you must take steps to ensure that:

• The costs you are incurring are proportionate to the outcome you are seeking to achieve.
• You have sufficient funding in place to pursue your case.
• You are able to devote the time and energy to your case that it requires.
• You monitor the financial position of your opponent closely.

Who Will Work On Your Case?

You can find out who will work on your case by visiting the Meet the Team page on our website.