Fee Schemes

It goes without saying that legal fees are a real source of concern for the marine insurance community, which is why we are keen to offer, not only transparent and competitive hourly rates, but also other charging methods which mean that our fees are directly linked to the success we bring to your business.

For traditional hourly rate work, our London Partners are usually charged out at £375 per hour, depending on work type. It is also our policy to agree ‘milestone’ budgets with you, so that you know how much each stage of the litigation process will cost.

For Recovery matters we offer ‘No Win No Fee’ terms, whereby an agreed percentage fee is raised only when we have successfully recovered money for you. In that way, we – not you – take the financial risk of there being no recovery.

In Salvage and/or General Average Defence cases, we are truly ground-breaking. As an alternative to hourly rates, our charge can be levied as a percentage of the saving we achieve in respect of your liability in Salvage and/or General Average. If there is no saving, there is no charge.