Accounting for legal costs
As part of the service, Neil Clifford & Co. can take charge of the fee arrangements for any commercial legal action.
Business people have become more astute when it comes to legal costs, understandably avoiding the charging method of time multiplied by hourly rate and the overall substantial costs generated by this method. Instead, our team offers various alternate methods of charging, which result in greater certainty as to the future costs to be incurred.
What’s more, a set figure for legal costs appears on the balance sheet. This complies with accounting processes and leaves the company’s liquidity and share value intact.
Few costs lawyer firms possess such specialist knowledge as Neil Clifford & Co. As a result, our practice is often called upon to keep track of companies’ legal fees and prevent over-charging.