Often individuals and organizations have disputes which they cannot resolve amicably. Married couples find that they are not compatible or one spouse is cheating, so they want a divorce. People often make promises which they do not keep either intentionally or because of factors beyond their control. In these cases, the person who is cheated, exploited has no option but to take the matter to the court or law to get compensation for the losses.
However filing a legal case is expensive so the person or business planning to initiate legal action would like to find out the fees of a law firm in Singapore. Some of the factors affecting the lawyers fees are discussed below.
Complexity of case
One of the main factors which affects the legal fees, is the complexity of the case. In some cases, like an uncontested divorce, when both the husband and wife are agreeing to the divorce, the lawyer only has to complete the legal paperwork, present it to the court and get the court order. So the time and effort will be less. In other cases, in case of contested divorce, financial fraud, crime, corporate disputes, the legal team will have to spend more time researching the case, collecting information and finalizing the strategy for fighting the case in the court.
Lawyers profile
Some lawyers have a high success rate, they are more likely to win the case in the court of law, due to their legal skills. These lawyers are always in demand from clients, and can charge higher rates. Other lawyers are comparatively inexperienced, they have handled only a few cases for a client. For each case, the law firm will allocate a team of lawyers depending on the complexity of the case, fees which the client is willing to pay. So depending on the number of lawyers working on the case, and the profile of the lawyers in the team, the fees will vary.
Type of cases
Usually legal cases involving individuals like divorce are comparatively simple, and the client also cannot afford to pay more. In contrast to disputes between corporations or large businesses, these companies are making huge profits, so they can afford to pay more to their law firm to get a court verdict in their favor.
Also, In some cases, large companies are involved in cases against the government or the government will take legal action to recover large amounts. In this case, the legal fees will also be higher.
Lawyer fees
In most cases, the lawyer will charge his client an hourly rate for the legal services he offers. The lawyer is spending his time to research the case, present it in court, and argue the case for his client. Hence he will specify the rate to the client, who will take a decision.
In a few cases, the legal work is clearly defined, so the lawyer may specify a fixed amount or lump sum for handling the complete case. In some cases, where the client is fighting for compensation for personal injury or other losses, the lawyer may also charge a percentage of the compensation received.
Also read: Reasons Why Commercial Lawyer Services Are Essential for Every Business Size