What is Legal retainer-ship?
In today's complex legal environment the corporate entities and professionals must be cautious in all of the commercial dealings, communications, agreements and contracts. The reason being any communication can be viewed as an agreement or not a binding contract by judicial forums in a later stage when litigation reaches courts. These kind of communications include appointment letters, suspension letters, removal letters, email communications, statutory notices, answer notices, warning letters, letters notifying delays, letters expressing disagreements etc., The stakes atlanta divorce attorneys dealing today can be very high. Moreover certain actions have to be taken within a particular time period otherwise negative inferences can be drawn by the courts in later stages. In such a situation, companies choose to interact a law firm with multi-discipline experience and international exposure to advise them within their everyday legal issues. This kind of arrangement helps the businesses to get professional advice under one roof in a pre-determined cost for the services what they are going to avail from that firm. Law-Senate law firm is serving many companies on "Annual retainer-ship basis" which supports the businesses to get quality legal consultation without fretting about the bills, because the fee is fixed beforehand for annually, on the foundation of the budgeted work load for several non-litigation work. Later even when the task load increases the determined fee will not be changed within any particular one year period.
How Law Firm Legal Retainer Ship will facilitate You
You will find few facts you need to find out about Law Senate Legal Retainer Ship, which will clear you why legal retainer ship ought to be availed:
- Un-limited non-litigation legal Service in fixed cost: The Firm agrees on a fixed annual fee for un-limited chamber legal work including consultation, settling of contracts, settling of legal documents, settling of legal communication, labor related documentation, employment related documentation, issuing legal notices, answering legal notices, arbitration notices, demand notices etc., The Firm has lawyers from various branches of law in its panel and in-house to respond to the consultation requests from the clients on issues arising out of varied branches of law. The Firm also allots a dedicated lawyer for ensuring customer friendly communication and effective service. The clients can use email, courier or personal consultation to get their issues resolved. For instance in the event of settling of legal documentation, the client can email the proposed draft of the document to the firm's dedicated lawyer. The dedicated lawyer are certain to get the response and comments of the relevant lawyer and inform the client within the pre-fixed time. Hence the specialty of the entire process is the consumer friendly, good quality, swift and cost effective administration of the necessary legal services. The said fixed annual fee is excluding Litigation, arbitration, drafting of contracts and appearance before authorities and tribunals. The aforementioned said fixed fee isn't uniform for several, it is finalized after estimation of work and how big is the Company.
- Litigation & Representation Services in pre-determined fee schedule: The Firm will handle virtually all types of litigation, arbitration and appearance before authorities in a predetermined fee schedule on case to case basis. The lawyers of the Firm regularly appear in Supreme Court of India, High courts, Competition Commission of India, Consumer Courts, National Consumer Commission, EPF Appellate Tribunal, Company Law Board, Electricity Tribunal, Mines tribunal, Petroleum tribunal, Civil Courts, Criminal Courts, Central Excise & Tax authorities, Revenue authorities etc., The Firm charges special reduced rates for the clients who engages the firm on annual retainer-ship basis. Hence this arrangement with your firm may help the clients to cut their legal costs.
- E-reporting and online storage: It's very difficult for the Companies to get them updated about the pending cases from the old style lawyers. But Law-senate law Firm sends periodical (Weekly/ monthly) reports about the pending cases and matters to all of its client. The Firm also has got the facility of e-storage of documents, even in a later stage after many years, the firm can supply copies of the documents from its e-storage points. Since law-senate is a contemporary law firm with all modern facilities and technology it serves its clients with Zero error quality.
Conventional Legal services Models:
Earlier Companies used to appoint independent lawyers and pay them separately for consultations, settling legal documents, legal documentation and appearance in a variety of Courts and tribunals lawyer. This model gives surprises and financial strain to the Companies because the expenses under legal heads are neither predetermined nor pre-budgeted. Hence the Companies within their endeavor to cut legal costs wound up in low quality and un-professional legal services which resulted in losing of cases etc.,
Appointing in-house counsel or law officers:
To deal with above said legal matters some companies decide to appoint their particular in-house counsel or law officers. The appointment of in-house counsel or law officers may improve the specific situation but will not lead to the full solution for the following reasons:
- Appointing experienced law officers is extremely expensive in the present salary market. Hence small, medium companies and professionals are able to afford only a recently graduated or less experienced in-house counsel. Such a less experienced person may be doing only the co-ordination work between independent lawyers and the company.
- Even if experienced people are appointed they'll have their expertise in a couple of fields of law only. Hence they have to consult independent lawyers on one other issues. Independent consultation is again a costly matter and finding the proper lawyer is a challenging job.
Appointing Independent lawyers as consultants:
Law is a sophisticated field which keeps growing every day. You will find so-many divisions of law and hence no lawyer can claim that he/she is aware of all of the divisions of law. Moreover independent lawyers will not be able to ensure the good quality of service because of limitations in infrastructure, facilities, staff etc.
Benefits of legal retainer-ship:
Although there are lots of advantages for the little, medium industries, Professional organisations, hospitals, educational Institutions, NGOs, charitable Institutions etc., in following the legal retainer-ship model compared to the conventional legal adviser model, the following would be the important ones,
- Legal services on multiple legal subjects from experts under one roof
- Unlimited non-litigation services
- Litigation services on a particular fee schedule
- Annual customized fixed fee for unlimited consultation and documentation services
- Dedicated lawyer for every client
- E-document facility
- Periodical reporting about the pending matters
Who will be benefited from Legal retainer-ship Model?
Large companies may appoint their particular team of experienced in-house counsel supported by law officers and para legal staff in view of their higher volume of legal work. They also engage big size law firms and pay for each service separately because they might not bother about the legal expenditure. But the following types of Companies and Institutions will be greatly benefited by legal retainer-ship model,
- Medium and small size companies
- Distributing Companies & Agencies
- Hospitals
- Private educational institutions
- Schools & Colleges
- FDI partners
- BPOs and Call centres
- NGOs and charity organisations
- Professionals & Consultants etc.,
In a nutshell legal retainer ship is helpful for those organizations that are not thinking about spending money for legal departments or permanent legal counsel of each practice section of Law. If you have any query about legal retainer ship then you can ask anytime.
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