Page 4 - PIC Magazine Autumn Issue 13
P. 4

     CAN YOUR CLIENTS
TURN ON YOU?
         A WARNING IN RELATION TO RISK ASSESSMENTS AND OVERCHARGING
Is file management around non-chargeable funding work not always perfect?
Do you conduct “no win, no fee” litigation?
Do you take a success fee from your client?
Is that success fee generally the maximum possible?
Do you sometimes forget to do case specific risk assessments?
Do you sign clients up to ATE policies without always checking if they have BTE?
Is there a commission element to that ATE premium?
Do you bill the client for the ATE, or perhaps just let them know what the premium was and deduct it from damages separately to the bill for your charges?
Are the hourly rates in your retainers perhaps a bit high for cases that attract fixed costs inter partes?
Are your fee estimates to clients sometimes a bit inaccurate?
          If some of the above sound like they might apply to your firm, then you could be vulnerable to the wave of increased solicitor/own client assessments that have recently featured in the legal press.
The costs of losing such an assessment often eclipse the fees charged in the underlying litigation, sometimes by a considerable margin, and the adverse publicity can be quite damaging.
If you would like advice and assistance in this respect, please contact our Reuben Glynn on Reuben.Glynn@pic.legal.
       


















































































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