Regarding the amount of legal fees in the business sector, billing based on time spent or flat-rate agreements are both viable options.
Initial Consultation Fees
Do you require an initial legal consultation to professionally assess the chances of success in a legal matter? Our lawyers focus on weighing effort against economic viability, providing commercially sound assessments. The fee for this is determined by the value of the subject matter, the time spent, and the complexity of the case. The fee for the initial consultation will, of course, be communicated to you in advance when scheduling an appointment. To the client's advantage, the fee for the initial consultation will be fully credited towards subsequent fees if further engagement is pursued.
Out-of-Court Costs
For out-of-court activities in civil law, the amount of legal fees, when billed according to the RVG (German Lawyers' Remuneration Act), is based on the amount in dispute. For example, in the case of a claim, it is based on the disputed payment claim. A business fee is charged for out-of-court representation, and a settlement fee is charged if an agreement is reached with the opposing party.
For other activities where a "disputed amount" is difficult to determine, such as individually tailored, legally sound contract drafting, legal support during agreement negotiations, or legal assistance in complex matters, a fee agreement, for example, on an hourly basis or a flat rate based on the respective activity, is advisable.
Furthermore, we naturally offer flat rates for ongoing advice. For individual projects, we also agree on remuneration systems with you that can be tailored to your needs through flat-rate components and variable elements (such as time spent). Please contact us!
