This cost information does not cover situations where:
In these situations, we will advise you as to the cost implications bearing in mind the nature of the issues that have arisen.
Debt Recovery Fees
How much are Legal Fees for Debt Recovery?
Collection services can be structured on a ‘fixed-fee’ basis as set out below.
These costs apply where your claim relates to an unpaid invoice which is not disputed, and enforcement action is not required.
If the invoice is disputed, or there are additional documents to review (other than the invoice), our fixed costs will not apply but we will give you an estimate of the likely costs of pursuing the matter on your behalf, with an explanation of those costs.
Our Fixed Fee Charges
Stage 1 – Letter of Claim
£50 plus VAT per invoice
Our letters of claim will demand payment of the outstanding debt within 30 days as per the protocol.
Second letter of demand: £30 plus VAT
Review and advice on response received from debtor: £60 plus VAT
Preparing detailed reply to debtor and final demand or offer of settlement: £95 plus VAT
Negotiating settlement/instalment plans and drafting settlement agreement: £175 plus VAT
Stage 2 – Issuing County Court Claim Form
Debt Court Fee Our Fee
Up to £1,500 £80 £150 +VAT
£1,500 – £3,000 £115 £175 +VAT
£3,000 – £5,000 £205 £200 +VAT
£5,000 – £10,000 £455 £250 +VAT
Over £10,000 5% of the Claim Speak to Team
Timescale: Once the Court has issued the claim, the Defendant shall have a period of 14 days to file a Defence. If the Defendant files an Acknowledgment of Service, indicating an intention to defend the claim, this time limit is extended to 28 days.
The prices stated below are for our legal fees, please note that related disbursements may also be payable for specific services, such as Court or process server fees.
An application is made to enter judgment immediately following the expiration of the time limit permitted for the filing of a Defence.
Enforcement of Judgment
Civil Litigation - Hourly Rates
Our Standard Charges are set out below:
Solicitors and legal executives with over 8 years’ experience
Solicitors and legal executives with over 4 years’ experience
Other solicitors or legal executives and fee earners of equivalent experience
Trainee solicitors, paralegals and other fee earners
We offer Damage Based Agreements and Conditional Fee Agreements – details of which will be provided upon consideration of litigation risk.
We are happy to discuss ways of funding your case including use of litigation Insurance.
Thankyou so much for all your hard work. I just can't thank you enough. I would definitely like to recommend your firm.
– Mrs YF
I found London Solicitors to be extremely knowledgeable and experienced. From start to finish they handled my claim with professionalism and I recieved some very good advice too. Communication and updates were great throughout. I would have no hesitation in recommending them to anyone
– Mr SJ
Thank you for dealing with my Professional Negligence Claim, an Excellent Result.
– Mrs FM