Statutory Fee Regime and its modification
In the event that no specific remuneration agreement is entered into, the services performed by a lawyer for his/her client are charged in accordance with the statutory scale of fees and charges. This statutory remuneration scheme is essentially focused on the amount in dispute, or otherwise the value of the object of the claim. For commercial matters, this fee structure is usually inappropriate, both for the client and for the lawyer. In such cases, we modify the statutory fee in order to take into account the circumstances of the individual case in question.