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Schedule of fees
Our firm is using the fee structure recommended by the Law Society and
can be outlined as follows:
Non-Litigious
Matters
Research
From
50,00 to 175,00 per ¼ hour or part
thereof.
Appearances, Consultations, Attendances, Drafting-time, Perusals,
Travelling Time and Waiting Time
Formal attendances; From
15,00 to 50,00
Attendances, other than formal, per ¼ hour or
part thereof; From 60,00 to 200,00
When travelling or waiting time is involved, a
reasonable charge may be raised.
Drafting
Per folio: From
25,00 to 125,00 or
Time: From
50,00 to 175,00 per
¼
hour or part thereof.
Perusing
Perusal shall be assessed on a time basis. Where a
time basis is inappropriate we will debit a perusal fee at the
following tariff:
Per folio; From 5,00 to 20,00
Correspondence
Formal letter - per folio (including first copy); 30,00
Telephone Calls
Formal; 15,00
Other than formal - per 6 minutes or part
thereof; From 20,00 to 80,00
Photocopying
Per Page; 1,25
Telefax and E-Mail Transmissions
5,00 per page for
sending and receiving plus the reasonable disbursements.
Travelling
Per kilometre; 2,00
'LUMPSUM' CHARGES
Certain work does not fall to be dealt in the above
manner and other work may lend itself to a 'lumpsum' charge. Examples
are:.
Registration of Companies
R 1000,00
Registration of Close Corporations
R 500,00
Where the Association Agreement is required, in addition to the fee
above, an additional fee for drafting the Agreement will be charged.
Debts
Refer to Rule 12 of the Society's Rules which reads
as follows:
COLLECTION COMMISSION
If a monetary claim is handed us for collection by reason of default on
the part of the debtor-
We may raise reasonable collection charges in addition to any other
professional fees and collection commission to which he may be entitled;
We may charge collection commission on the amount collected for each
payment or instalment, provided that, where we recover commission from the
debtor, either in terms of any law or in terms of contractual obligation,
we shall credit client therewith, to the extent of but not exceeding
the commission debited to client in terms thereof.
The words "amount collected" include any payment made by or
on behalf of any debtor direct to the client whether in cash or in kind,
or by way of novation or set off, after the account is handed to us for
collection.
In the case of the final recovery or repossession of movables in terms
of hire purchase agreements, suspensive sale agreements, leases or
agreements of alike nature, we may, in addition to any professional fees,
charge a collection commission upon the value of the goods so repossessed
or recovered, which value shall be the value fixed upon the movables by
the Court in arriving at a final judgment, failing which the value fixed
upon the movables by a sworn appraiser;
provided:
where the total unpaid amounts owing under the agreement are less than
the value of the movables then the collection commission shall be
calculated upon such total unpaid amounts, and not upon the value of the
movables;
Where no value has been fixed upon the movables, then the collection
commission shall be calculated upon the total unpaid amounts owing under
the agreement.
COLLECTION FEES
In respect of the taking of instructions prior to judgment, fees of:
(i) R20,00 for claims of up to R1 500,00.
(ii) R40,00 for claims from R1 500,00 to
R5 000,00.
(iii) R75,00 for claims from R5 000,00 to
R10 000,00.
(iv) R120,00 for claims above R10 000,00.
In respect of taking instructions after judgment:
(i) R20,00 for claims up to R1 500,00.
(ii) R40,00 for claims above R1 500,00.
R12,00
in respect of each necessary letter or telegram sent or received as also
for each necessary attendance (informal).
R20,00 per every 15 minutes or part
thereof in respect of each necessary consultation with a debtor
(informal).
R15,00 per 10 minutes or portion thereof
in respect of each necessary telephone call (informal).
COLLECTION COMMISSION
10% of the amount collected subject to a maximum of
R250,00 per payment or collection." (where appropriate)
Insolvencies
Proving claims against insolvent estates, estates
administered under the Agricultural Credit Act, or Companies in
Liquidation or under Judicial Management:
A fee for taking instructions, drawing Affidavit
and Power of Attorney and Resolution if any From
60,00 to 400,00
A fee for attending meeting of creditors:
As per above
Power of Attorney
Special Power of Attorney
As per above
General Power of Attorney
A fee for taking instructions, drafting and
preparing Power of Attorney; From 30,00 to
100,00
Administration of Deceased Estates
Minimum fee, irrespective of value as determined
by the Master 500,00
If we are a co-executor or act for the
executor, other than in circumstances where a
special agreement has been made, the fee should not exceed the full
executor's remuneration.
If we act for the executor, where he
had agreed a special fee or not, and our mandate is
terminated by the executor before the administration of the estate is
completed, we shall be entitled to such proportion of the agreed or
statutory fee as the work which we completed prior to termination of
our mandate bears to the entire task.
Litigious
Matters
Professional time spent
shall be debited at a rate of not less than R60.00 (excluding VAT) per
quarter hour or part thereof.
Should any of our attorneys
attend at the hearing of any matter, then depending on the seniority of
the attorney attending court, a fee of between R 1000.00 and R2 000.00
(excluding VAT) for each day's attendance will be charged irrespective of
whether the matter is settled, withdrawn or terminated prior to the end of
that day.
In all other respects the fees and charges
for non-litigious matters shall apply.
          
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Tel:
(021) 553 4748 or (021) 5721023