Common use of Other Points Clause in Contracts

Other Points. Definition of words used in this CFA are explained in the Law Society conditions. You have a right to cancel this agreement in the circumstances set out in Schedule 3. We add VAT, at the rate that applies when the work is done, to the total of the basic charges and success fee. The parties acknowledge and agree that this Agreement is not a Contentious Business Agreement within the terms of the Solicitors ▇▇▇ ▇▇▇▇. Signed by the Solicitor: Date: {today} Signed by the Client: {FirstName} {LastName} IP Address: {IPaddress} Date: {today} The success fee is set at 100% + VAT of basic charges where the claim concludes before or at trial. The success fee percentage reflects the following: - • The fact that if you lose, we will not earn anything; • Our assessment of the risk of your case; • The fact that if you win we will not be paid our basic charges until the end of the claim; • Our arrangement with you about paying expenses and disbursements; and • Other appropriate matters. The success fee cannot be more than 100% of the basic charges in total. The maximum limit is exclusive of any VAT which is chargeable. The maximum limit includes any success fee payable to a barrister who has a CFA with us. However, this maximum limit applies only to a success fee for proceedings at first instance and not to a success fee on other proceedings such as an appeal against a final judgment or order. Registered Office: 7th Floor, Cardinal House, 20 St Mary’s ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇. Company registration number: 07072321. Barings Ltd is authorised and regulated by the Solicitors Regulation Authority under registration number 5225752. We will provide you with a copy of any relevant judgment or of our calculation of any settlement showing how much of your damages should be attributed. If you do not agree to our calculation and this makes a difference to the amount of the Success Fee payable by you, then we will put the matter for determination by an independent barrister of at least 10 years call, to be appointed by agreement between us or, in default of agreement, by the President of the Law Society of England & Wales, such barrister to act as expert and not as arbitrator and his decision shall be binding. The barrister’s costs for assessing this issue are to be paid by you if the barrister agrees with us, but otherwise are to be paid by us. These are for work done from now until this agreement ends. These are subject to review. These are calculated for each hour engaged on your matter. Routine letters and telephone calls will be charged as units of one tenth of an hour. Other letters and telephone calls will be charged on a time basic. The hourly rates are: Charging Rates Fixed - £273 + VAT per hour. We review the hourly rate on 1 April and we will notify you of any change in the rate in writing. In addition to the limit set out above, there is a maximum limit on the amount of the success fee which we can recover from you as set out below. In proceedings at first instance, that maximum limit is 35% of the total amount of any general damages (exemplary or otherwise) which are awarded to you. These maximum limits are exclusive of any VAT which is chargeable. The maximum limits include any success fee payable to a barrister who has a CFA with us. We will provide you with a copy of any relevant judgment or of our calculation of any settlement showing the success fee based upon the damages recovered for you. You also have the right to apply to the court for assessment of our costs, including our success fee. Registered Office: 7th Floor, Cardinal House, 20 St Mary’s ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇. Company registration number: 07072321. Barings Ltd is authorised and regulated by the Solicitors Regulation Authority under registration number 5225752.

Appears in 1 contract

Sources: Conditional Fee Agreement

Other Points. Definition of words used in this CFA are explained in the Law Society conditions. You have a right to cancel this agreement in the circumstances set out in Schedule 3. We add VAT, at the rate that applies when the work is done, to the total of the basic charges and success fee. The parties acknowledge and agree that this Agreement is not a Contentious Business Agreement within the terms of the Solicitors ▇▇▇ ▇▇▇▇. Signed by the Solicitor: Date: {today} Signed by the Client: {FirstName} {LastName} IP Address: {IPaddress} Date: {today} The success fee is set at 100% + VAT of basic charges where the claim concludes before or at trial. The success fee percentage reflects the following: - • The fact that if you lose, we will not earn anything; • Our assessment of the risk of your case; • The fact that if you win we will not be paid our basic charges until the end of the claim; • Our arrangement with you about paying expenses and disbursements; and • Other appropriate matters. The success fee cannot be more than 100% of the basic charges in total. The maximum limit is exclusive of any VAT which is chargeable. The maximum limit includes any success fee payable to a barrister who has a CFA with us. However, this maximum limit applies only to a success fee for proceedings at first instance and not to a success fee on other proceedings such as an appeal against a final judgment or order. Registered Office: 7th Floor, Cardinal House, 20 St Mary’s ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇. Company registration number: 07072321. Barings Ltd is authorised and regulated by the Solicitors Regulation Authority under registration number 5225752. We will provide you with a copy of any relevant judgment or of our calculation of any settlement showing how much of your damages should be attributed. If you do not agree to our calculation and this makes a difference to the amount of the Success Fee payable by you, then we will put the matter for determination by an independent barrister of at least 10 years call, to be appointed by agreement between us or, in default of agreement, by the President of the Law Society of England & Wales, such barrister to act as expert and not as arbitrator and his decision shall be binding. The barrister’s costs for assessing this issue are to be paid by you if the barrister agrees with us, but otherwise are to be paid by us. These are for work done from now until this agreement ends. These are subject to review. These are calculated for each hour engaged on your matter. Routine letters and telephone calls will be charged as units of one tenth of an hour. Other letters and telephone calls will be charged on a time basic. The hourly rates are: Charging Rates Fixed - £273 + VAT per hour. We review the hourly rate on 1 April and we will notify you of any change in the rate in writing. In addition to the limit set out above, there is a maximum limit on the amount of the success fee which we can recover from you as set out below. In proceedings at first instance, that maximum limit is 35% of the total amount of any general damages (exemplary or otherwise) which are awarded to you. These maximum limits are exclusive of any VAT which is chargeable. The maximum limits include any success fee payable to a barrister who has a CFA with us. We will provide you with a copy of any relevant judgment or of our calculation of any settlement showing the success fee based upon the damages recovered for you. You also have the right to apply to the court for assessment of our costs, including our success fee. Registered Office: 7th Floor, Cardinal House, 20 St Mary’s ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇. Company registration number: 07072321. Barings Ltd is authorised and regulated by the Solicitors Regulation Authority under registration number 5225752.

Appears in 1 contract

Sources: Conditional Fee Agreement