Lump sum fee

In some cases, the volume and time needed for provision of certain legal services can be relatively exactly specified in advance. The project lump sum fee is usually limited to a certain volume of hours; in case it is exceeded, we charge the client for the overrun only if it resulted from reasons/additional instructions on the client’s side or from a major change in structure of the transaction.

We usually employ the lump sum fee method of remuneration in corporate agenda or in certain (standardized) contractual agenda.