I've read a number of posts regarding building defects.
We act for homeowners in building defect claims.
We offer you capped solicitor fees
Excluding third party invoiced disbursements and barrister fees
This means that we reach an agreement with you on the maximum amount of our fees you will pay for your matter up to and including the hearing (excluding any appeals, claims for costs, costs applications and third party invoiced disbursements). We do this before we start any work.
This provides you with the certainty and security that you will not pay any more for our fees above the initially agreed cap. You know this upfront. If our fees exceed the agreed cap, we wear it. That would be our loss, not yours. This enables us to get on with discussing the matter and moving forward to resolution without the worry of a blow out or out of control solicitor fees.
We take away the surprise and provide you with an opportunity to budget and provision for your building defects claim, just like you do for everything else in your life.
How does it work?
If an agreement is reached with us that our solicitor fees will be capped at say $10,000. If your claim is resolved quickly and you only incur $2,000 in solicitor fees, all you will pay is $2,000 plus third party invoiced disbursements and any barrister fees.
However if the builder or developer play hard ball and are not cooperative and your solicitor fees are $15,000, you will not pay more than the agreed cap for solicitor fees of $10,000. We will wear the $5,000 of work we did above the cap.
If an agreement is reached with us you will receive a capped solicitor fees proposal at the commencement of the matter for our work up to and including the hearing (excluding any appeals, claims for costs, costs applications and third party invoiced disbursements). If the matter is resolved under the cap, you pay the solicitor fees incurred up to the date of resolution. If the matter is resolved over the cap, you pay the solicitor fees up to the cap and no more (plus GST and third party invoiced disbursements).
If you have such a claim, please do not hesitate to get into contact with us.
Regards,
André Adams | Partner
MɅYWEATHERS
T: +61 2 8020 5721 | T: +61 8 7129 7050
M: 0403 161 505
E: andre.adams@mayweathers.com.au
mayweathers.com.au
Sydney | Level 31, 201 Elizabeth Street Sydney NSW 2000 T: +61 2 8020 5720 | F: +61 2 9012 0146 |
Adelaide | Level 30, Westpac House, 91 King William Street Adelaide SA 5000 T: +61 8 7129 7050 | F: +61 8 7200 7660 |
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