Banking & Finance

  TABLE OF CONTENTS

Our lawyers have significant depth and breadth of experience working in front line corporate finance and investment banking, and, accordingly, we are well placed to advise you with respect to financial services, corporations law, real estate and structured finance transactions.

We have considerable experience in complex cross-collateralised lending, securities, interest rate hedging, options and futures contracts and all aspects of the client-banker relationship. We are particularly well versed in mid-market corporate finance facilities in the range of $20 million to $500 million.

Whether you require assistance in raising capital or have a dispute with your financial institution, we are ideally placed to be of service.

When you need assistance with loan agreements or contracts, it’s vital that you work with a specialist banking and finance lawyer. MC Lawyers are banking and finance specialists, and we can work for you on a fixed-fee basis.

 

Pricing Options

We believe in offering our clients flexible and transparent pricing arrangements to suit their preferences and commercial imperatives.

Depending upon the matter, we can offer you the following pricing options:

1. Hourly rate pricing: this is the legal industry standard method of billing. The amount of time spent working on a matter is the amount that will be billed, irrespective of outcome or value to the client. This option works best where there is a relationship of trust in which the scope of work is difficult to accurately price.

2. Fixed fee: this is an arrangement for the completion of defined piece of work at a fixed cost. This option gives the client cost certainty in terms of cost. This type of pricing is most suitable for reasonably simple matters lacking any unpredictable variables (e.g. a conveyance).

3. Capped fee: a capped fee is similar to the hourly pricing arrangement except the client stops paying after a certain “cap”. This provides costs certainty to the client as they will know the maximum amount that they will be liable to pay, with the possibility of a lower amount being payable if the work is completed more efficiently than the cap allows. This arrangement is generally suitable for medium complexity work with a limited number of material variables.

4. Risk sharing arrangement: an arrangement whereby the law firm agrees to receive only a proportion of its professional fees billed with the balance payable on the successful conclusion of your matter. Disbursements are typically payable paid in full. This type of arrangement typically works well in complex large-scale litigation such as class actions.

5. Monthly retainer: this arrangement requires the client to pay a fixed amount every month in return for services which have a reasonably predictable steady flow. This is usually suitable for regular low complexity work with few to no variables.

RELATED

Current Class Actions

Key Contact

Expertise

Other Expertise

Similar Articles