Billing Rates
D & N Maritime Shipping Law Associates Effective Until March 31, 2030 Strictly for Private Circulation
Billing Methods
For the period until March 31, 2030, our billing rates are structured to provide flexibility and transparency to our clients.
1. Stage-Wise Fixed Fee
- Fixed fees are determined for specific stages of a project or case.
- Clients agree on a definite amount upfront, ensuring clarity in budgeting legal expenses.
- Third-party expenses are estimated and added to the fixed fee. Clients are informed of any significant changes to these estimates.
- Once a stage is completed, fees for subsequent stages are re-evaluated and communicated to the client.
2. Per Hour Basis
- Professional Fee: USD 125 per hour + Disbursements on actual.
- Minimum Fee: USD 750 + Disbursements on actual.
- Time is calculated for the lead partner or lawyer handling the file. Additional team members (lawyers, associates, and para-legal staff) work on the matter as required without extra cost.
Quality and Accountability
- Each client is assigned a dedicated partner or lawyer who leads and coordinates all aspects of their legal needs.
- Time usage is meticulously recorded in a timesheet and reflected in the Bill of Cost provided to the client.
- Disbursements and third-party costs are billed on an actuals basis and may include:
- Travel, transport, and accommodations.
- Photocopying, phone, and fax charges.
- Expert and counsel fees.
- Court and institutional fees, stamping, and registration.
- Video conferencing and correspondent expenses.
Payment Terms
- An accountable advance is required before the commencement of any work.
- Payments can be made via:
- Bankers’ Cheque in favour of D & N Maritime Shipping Law Associates.
- Irrevocable telegraphic transfer to our specified bank accounts (details provided upon request).