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No Win No Fee
No win no fee means that we would charge a percentage of whatever deal we could negotiate for you.
We try to offer no win no fee wherever possible because we enjoy working together with you with the same incentives.
This means aiming to settle cases quickly, out of court, and at the highest settlement value possible.
If you already have an offer on the table, then our percentage fee would not apply to that amount. That amount would be ring-fenced, and our percentage would only apply to any additional amount we negotiate for you.
The range of fees is typically between 10-30% of that additional amount. In some cases, such as where there are a lot of documents to be dealt with, we will ask you to pay a fee upfront, for example £550+VAT, in addition to a percentage.
Settlement agreement signing
This is free to you because the employer pays for this service.
When you get a copy of your settlement agreement document, you will see a clause in there about settlement agreement legal costs or fees which specifies the amount which the employer will pay. There isn’t a single fixed fee for settlement agreement signing, because it will vary depending on the complexity of the case, but it’s usually within the range of £250 – £500 + VAT.
- From £550 + VAT (£660 including VAT)
From £660 inclusive of VAT we are able to offer a case review with one of our senior lawyers. This will include up to an hour of reviewing documents, plus another hour spent advising you on the telephone.
Having reviewed your case in this way, we will often be able to offer a no win no fee service.
- From £150 + VAT (£180 including VAT)
We offer 30-minute telephone consultations for a fixed fee of £180 inclusive of VAT. Some clients want to quickly discuss their situation with a lawyer, and there is no requirement (or time) for documents to be reviewed.
For more in-depth analysis of your case, we have 1-hour consultations by ‘phone for a fixed fee of £275 inclusive of VAT.
The Monaco Academy is a groundbreaking access-to-justice project combining our talented trainee lawyers & caseworkers with close supervision from our senior lawyers.
If we can’t offer you a no win no fee with a senior lawyer, and you can’t afford a paid consultation, then the Monaco Academy could be for you.
Access to the Academy will only be offered to strong cases, and cases will be taken on a no win no fee basis with a modest upfront fee at our discretion.
Your point of contact with be our caseworkers and trainees but all legal letters sent out by us will have been checked and approved by our senior solicitors, so you get the benefit of their experience without the cost.
- From £275 – £350 + VAT
Our standard hourly rates for case work vary from £330-420 per hour, inclusive of VAT. These rates are available to everyone.
Legal Expenses Insurance
You may have legal expenses insurance (‘LEI’) under your household (or other) insurance policy, which will pay our bills directly, so you don’t have to. LEI is often an add-on for around £2 per month, which you may not even remember purchasing.
If you do have it, we can assist with getting cover in place, which is often not straightforward. Most policies cannot be used at an early stage (such as negotiating an out of court settlement) but can be used to present Employment Tribunal claims and cover ongoing representation costs.
When to instruct us to negotiate
When negotiating it is best for us to be involved as early on in the process as possible, so we can guide you and get the best outcome for you.
If we do not think that we can significantly increase a potential settlement amount, we will let you know during your free consultation.
It’s necessary to understand the details before setting a fee structure, as tribunal cases vary so much, but they do tend to be expensive and we tend not to do these on purely no win no fee. This is because they are often very long and uncertain. Read here about typical fees for an unfair dismissal or wrongful dismissal claim.