STANDARD TERMS OF ENGAGEMENT
These Standard Terms of Engagement (“Terms”) apply in respect of all work carried out by us for you, except to the extent that we otherwise agree with you in writing.
1. Services
The services which we are to provide for you are outlined in our engagement letter.
2. Financial
2.1 Fees
(a) We will charge a fee which is fair and reasonable for the services provided having regard to your interests and our interests. In determining the fee, the following may be taken into account:
- the time and labour expended (at the present time our solicitors’ rates are charged out at between $180 - $250 per hour plus GST and other staff have different rates but there are no additional charges for secretarial, word processing and similar services).
- the skill, specialised knowledge, and responsibility required to perform the services properly.
- the importance of the matter to you and the results achieved.
- the urgency and circumstances in which the matter is undertaken and any time limitations imposed, including those imposed by you.
- the degree of risk assumed by us in undertaking the services including the amount or value of the property involved.
- the complexity of the matter and the difficulty or novelty of the questions involved.
- the experience, reputation and ability of the members of our firm working on your matter.
- the possibility that the acceptance of the particular instructions will preclude employment of us by other clients.
- whether the fee is fixed or conditional.
- any quote or estimate of fees given by us.
- any fee agreement entered into between you and us.
- the reasonable costs of running our firm.
- the fee customarily charged in the market and locality for work similar to yours.
(b) Where it is applicable you may wish to apply for legal aid. In the event that legal aid is not granted you will be liable for our account charged at the private rates referred to above.
2.2 Disbursements and expenses:
In providing services we may incur disbursements or have to make payments to third parties on your behalf. These will be included in our invoice to you when the expense is incurred. We may require an advance payment for the disbursements or expenses which we will be incurring on your behalf.
2.3 GST (if any):
Is payable by you on our fees and charges.
2.4 Invoices:
We will send interim invoices to you, usually monthly and on completion of the matter, or termination of our engagement. We may also send you an invoice when we incur a significant expense.
2.5 Payment:
Invoices are payable within 7 days of the date of the invoice, unless alternative arrangements have been made with us.
(a) We may require interest to be paid on any amount which is more than 7 days overdue. Interest will be calculated at the rate of 2% above our firm's main trading bank's 90-day bank bill buy rate as at the close of the business on the date payment became due.
(b) We will require you to pay all associated collection costs in the event the recovery of our fee proceeds to debt collection.
2.6 Security:
We may ask you to pre-pay amounts to us, or to provide security for our fees and expenses. You authorize us:
(a) to debit against amounts pre-paid by you; and
(b) to deduct from any funds held on your behalf in our trust account
any fees, expenses or disbursements for which we have provided an invoice.
2.7 Third Parties:
Although you may expect to be reimbursed by a third party for our fees and expenses, and although our invoices may at your request or with your approval be directed to a third party, nevertheless you remain responsible for payment to us if the third party fails to pay us.
3. Confidentiality
3.1 We will hold in confidence all information concerning you or your affairs that we acquire during the course of acting for you. We will not disclose any of this information to any other person except:
(a) to the extent necessary or desirable to enable us to carry out your instructions; or
(b) to the extent required by law or by the Law Society’s Rules of Conduct and Client Care for Lawyers.
3.2 Confidential information concerning you will as far as practicable be made available only to those within our firm who are providing legal services for you.
3.3 We will of course, not disclose to you confidential information which we have in relation to any other client.
4. Termination
4.1 You may terminate our retainer at any time.
4.2 We may terminate our retainer in any of the circumstances set out in the Law Society’s Rules of Conduct and Client Care for Lawyers.
4.3 If our retainer is terminated you must pay us all fees due up to the date of termination and all expenses incurred up to that date.
5. Retention of files and documents
You authorize us (without further reference to you) to destroy all files and documents for this matter (other than any documents that we hold in safe custody for you) 7 years after our engagement ends, or earlier if we have converted those files and documents to an electronic format.
6. Conflicts of Interest
We have procedures in place to identify and respond to conflicts of interest. If a conflict of interest arises we will advise you of this and follow the requirements and procedures set out in the Law Society’s Rules of Conduct and Client Care for Lawyers.
7. Duty of Care
Our duty of care is to you and not to any other person. Before any other person may rely on our advice, we must expressly agree to this.
8. Trust Account
We maintain a trust account for all funds which we receive from clients (except monies received for payment of our invoices). If we are holding significant funds on your behalf we will normally lodge those funds on interest bearing deposit with a bank. In that case we will charge an administration fee of 5% of the interest derived.
9. Suspension of Service
We reserve the right to stop work on your retainer if interim accounts are not paid on time or a request for information or action remains unsatisfied.
10. Limitation of Liability
We do not accept liability for any loss arising from non-receipt of any communication including email communications.
11. General
11.1 These Terms apply to any current engagement and also to any future engagement, whether or not we send you another copy of them.
11.2 We are entitled to change these Terms from time to time, in which case we will send you amended Terms.
11.3 Our relationship with you is governed by New Zealand law and New Zealand courts have non-exclusive jurisdiction.
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