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Val-De-Grace

Pretoria

Tel: 012 481 3557 / 8

Email: info@bblaw.co.za

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Retainer agreements explained


SURPRISING LEGAL FEES?


Botha Bezuidenhout Attorneys Inc. understand that surprising legal bills are a major headache.


To simplify legal bills and put you as the client in control of your spending on legal fees, Botha Bezuidenhout Attorneys Inc. introduced retainer agreements.


The retainer agreement is best explained with an example:

  • XYZ (Pty) Ltd appoints Botha Bezuidenhout Attorneys Inc. as their ad-hoc legal advisor and attorney, and foresee that they might need 10 hours of legal advice or services per month.

  • XYZ (Pty) Ltd then pays a fixed monthly retainer fee (e.g. R7 600.00), calculated at a reduced hourly fee for the specified hours (inclusive hours).

  • XYZ (Pty) Ltd can then use and abuse Botha Bezuidenhout Attorneys Inc. for 10 hours every month.

  • Should XYZ (Pty) Ltd need extra hours in excess of the inclusive hours, such extra hours will be billed at more than the inclusive hours, but still less than our normal fees.

  • This way, XYZ (Pty) Ltd can stay within their budget and don't have to appoint an in-house legal advisor or attorney.

  • Botha Bezuidenhout Attorneys Inc. can even replace a whole legal department at a fraction of the cost.

For more information or to take advantage of this offer, feel free to contact us.

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