Saturday, April 2, 2022

The way to Minimize The Corporation's Legal Cost With out Bargain.

What is Legal retainer-ship?


In today's complex legal environment the corporate entities and professionals must be very careful in most of the commercial dealings, communications, agreements and contracts. This is because any communication can be viewed as a contract or not really a binding contract by judicial forums in a later stage when litigation reaches courts. These types of communications include appointment letters, suspension letters, removal letters, email communications, statutory notices, answer notices, warning letters, letters notifying delays, letters expressing disagreements etc., The stakes atlanta divorce attorneys dealing today can be very high. Moreover certain actions have to be taken within a particular time frame otherwise negative inferences can be drawn by the courts in later stages. In such a situation, companies choose to activate a law firm with multi-discipline experience and international experience of advise them inside their daily legal issues. This arrangement helps the businesses to obtain qualified advice under one roof in a pre-determined cost for the services what they are likely to avail from that firm. Law-Senate law firm is serving many companies on "Annual retainer-ship basis" which helps the businesses to obtain quality legal consultation without fretting about the bills, considering that the fee is fixed in advance for per year, on the basis of the budgeted work load for many non-litigation work. Later even when the task load advances the determined fee won't be changed within this one year period.

How Law Firm Legal Retainer Ship will facilitate You

There are few facts you have to learn about Law Senate Legal Retainer Ship, which will clear you why legal retainer ship must be availed:


  • Un-limited non-litigation legal Service in fixed cost: The Firm agrees on a fixed annual fee for un-limited chamber legal work including consultation, settling of contracts, settling of legal documents, settling of legal communication, labor related documentation, employment related documentation, issuing legal notices, responding to legal notices, arbitration notices, demand notices etc., The Firm has lawyers from various branches of law in its panel and in-house to respond to the consultation requests from the clients on issues arising out of varied branches of law. The Firm also allots a separate lawyer for ensuring customer friendly communication and effective service. The clients can use email, courier or personal consultation to obtain their issues resolved. Like in the event of settling of legal documentation, the client can email the proposed draft of the document to the firm's dedicated lawyer. The dedicated lawyer can get the response and comments of the relevant lawyer and inform the client within the pre-fixed time. Hence the specialty of the entire process is the client friendly, top quality, swift and cost effective administration of the necessary legal services. The said fixed annual fee is excluding Litigation, arbitration, drafting of contracts and appearance before authorities and tribunals. The above said fixed fee is not uniform for many, it is finalized after estimation of work and how big the Company.
  • Litigation & Representation Services in pre-determined fee schedule: The Firm will handle virtually all forms of litigation, arbitration and appearance before authorities in a predetermined fee schedule on case to case basis. The lawyers of the Firm regularly come in Supreme Court of India, High courts, Competition Commission of India, Consumer Courts, National Consumer Commission, EPF Appellate Tribunal, Company Law Board, Electricity Tribunal, Mines tribunal, Petroleum tribunal, Civil Courts, Criminal Courts, Central Excise & Tax authorities, Revenue authorities etc., The Firm charges special reduced rates for the clients who engages the firm on annual retainer-ship basis. Hence this arrangement with this firm will help the clients to cut their legal costs.
  • E-reporting and online storage: It's very burdensome for the Companies to obtain them updated in regards to the pending cases from the old style lawyers. But Law-senate law Firm sends periodical (Weekly/ monthly) reports in regards to the pending cases and matters to every one of its client. The Firm also gets the facility of e-storage of documents, even in a later stage after several years, the firm can supply copies of the documents from its e-storage points. Since law-senate is a modern law firm with all modern facilities and technology it serves its clients with Zero error quality.


Conventional Legal advice Models:
Earlier Companies used to appoint independent lawyers and pay them separately for consultations, settling legal documents, legal documentation and appearance in a variety of Courts and tribunals. This model gives surprises and financial strain to the Companies considering that the expenses under legal heads are neither predetermined nor pre-budgeted. Hence the Companies inside their endeavor to cut legal costs finished up in poor and un-professional legal services which led to losing of cases etc.,

Appointing in-house counsel or law officers:

To deal with above said legal matters some companies decide to appoint their own in-house counsel or law officers. The appointment of in-house counsel or law officers may improve the problem but won't lead fully solution for the next reasons:


  • Appointing experienced law officers is extremely expensive in today's salary market. Hence small, medium companies and professionals are able only a recently graduated or less experienced in-house counsel. Such a less experienced person may be doing only the co-ordination work between independent lawyers and the company.
  • Even though experienced people are appointed they will have their expertise in a few fields of law only. Hence they need to consult independent lawyers on the other issues. Independent consultation is again a pricey matter and finding the proper lawyer is a challenging job.


Appointing Independent lawyers as consultants:

Law is a complicated field which keeps growing every day. There are so-many divisions of law and hence no lawyer can claim that he/she is aware of all the divisions of law. More over independent lawyers won't be able to ensure the top quality of service due to limitations in infrastructure, facilities, staff etc.

Features of legal retainer-ship:

Although there are many advantages for the tiny, medium industries, Professional organisations, hospitals, educational Institutions, NGOs, charitable Institutions etc., in after the legal retainer-ship model than the conventional legal adviser model, the next will be the important ones,


  • Legal advice on multiple legal subjects from experts under one roof
  • Unlimited non-litigation services
  • Litigation services on a special fee schedule
  • Annual customized fixed fee for unlimited consultation and documentation services
  • Dedicated lawyer for every client
  • E-document facility
  • Periodical reporting in regards to the pending matters


Who is likely to be benefited from Legal retainer-ship Model?

Large companies may appoint their own team of experienced in-house counsel supported by law officers and para legal staff in view of their higher level of legal work. In addition they engage big size law firms and purchase each service separately because they could not bother in regards to the legal expenditure. But the next forms of Companies and Institutions is likely to be greatly benefited by legal retainer-ship model,


  • Medium and small size companies
  • Distributing Companies & Agencies
  • Hospitals
  • Private educational institutions
  • Schools & Colleges
  • FDI partners
  • BPOs and Call centres
  • NGOs and charity organisations
  • Professionals & Consultants etc.,


In a nutshell legal retainer ship is helpful for those organizations who're not enthusiastic about spending money for legal departments or permanent legal counsel of each practice section of Law. When you have any query about legal retainer ship then you can certainly ask anytime.

No comments:

Post a Comment