LEGAL FEES etc.
4.1 The Law Firm Poul Schmith fixes legal fees
on the basis of the nature and scope of the assignment; the
liability derived from the case; the scope of the subject matter;
the importance of the case to the client; the time spent and the
result achieved. We may ask the client to make an advance payment
for our fees.
4.2 In addition to the fees, the client shall
refund costs and expenses paid out by us as part of the performance
of the assignment, including e.g. fees and charges, travel and
accommodation expenses as well as certain copying and forwarding
expenses. Whether we advance the amount on the client's behalf or
ask for the client to prepay the amount, depends on the size of the
amount in question.
4.3 We send the client an invoice when the
assignment is completed. As a rule long-term assignments are
invoiced on account every three months.
4.4 Terms of payment are net 21 days from date
of invoice. In case of late payment, interest is charged in
accordance with the provisions of the Danish Late Payment of
Commercial Debts (Interest) Act.
4.5 The client may request an estimate of our
legal fees before our commencement of the assignment, if this is
possible based on the nature of the assignment. In consumer matters
we always inform the client of our fees before commencing the
4.6 The Law Firm Poul Schmith administers all
client funds according to the regulations of the Danish Bar and Law
Society. Interest accrued on the client account befall the client
in accordance with the regulations of the Danish Bar and Law