It is also possible to apply a conditional fee. Here you pay a lower hourly rate.
If the case is settled wholly or partly in your favour, you also pay us a rate agreed in advance based on the value of the case.
If the case is not pronounced in your favour, or the counterparty is insolvent, you do not pay the conditional fee.
For certain cases a fixed price can be agreed. If you as a business owner or company regularly need representation in the same types of cases (such as debt collection without dispute), prices agreed in advance can be applied.
We examine each case to determine the best formula for you.
We can never say in advance exactly what a case will cost or what the chances of success are. However, we can provide a realistic estimate based on our experience. In some cases we can also perform a solvency analysis of the counterparty.
We maintain detailed performance sheets, and you will be regularly informed concerning the costs. With each development in the case, we will consult with you concerning the options and risks.
In many of the cases that we handle, our customers do not have to bear the costs, or must only partially do so. This is due to legal expenses insurance and/or the statutorily prescribed contribution towards the other party’s legal representation costs.
In many cases, your legal expenses insurance will cover the legal costs in whole or in part.
Check your policies or contact your broker in the case of each dispute. If you want to make use of your insurance, it is important to inform your insurance company at the earliest possible stage of a (possible) dispute.
Please note: you are always free in the choice of a lawyer. You do not need to accept a lawyer imposed by your insurer.
The “statutorily prescribed contribution towards the other party’s legal representation costs” is a concept taken from Belgian procedural law, introduced by the Fee Recoverability Act. Since 1 January 2008, these costs represent a fixed partial offset of the costs and fees of the lawyer of the winning party (article 1022, paragraph 1, of the Judicial Code).
In practice, this means that if you are the winning party in a lawsuit, the losing party must pay a certain amount to defray part of your lawyer’s fees.
Since 2014, lawyer services are subject to VAT. The amounts mentioned above are exclusive of 21% VAT. More information can be found in this circular.
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