Innovative pricing

We understand the importance of certainty in legal budgets and know that you want to know what you are getting for your money. Our overall aim is to help you to realise maximum value from your legal budget in the certainty that you will get the right legal support whatever happens in your business.

In particular, we have been recognised by Legal Week as being one of the best firms to offer alternative billing practices to their clients and have been highly commended by the Financial Times for being an innovative firm in value resourcing.

Fixed fees

We are able to offer a fixed price where there is a clear scope of work. For example, we can agree a fixed fee for drafting template documents where you can give us a clear understanding of your requirements.
Capped fees

Where the amount of work required is subject to a limited number of variables, we are happy to agree a capped fee for the particular piece of work. For example, if you ask us to review and report on a contract, the amount of time it will take us to complete the report will depend on the number of issues that need to be highlighted. We can offer a capped fee for this type of work to give you certainty over the maximum amount you will spend (e.g. in the “worst case” scenario).
Volume discount

We can offer reductions in our hourly rates when your annual legal spend with Mills & Reeve reaches certain levels. This volume discount can be tiered to provide greater discounts as your expenditure with us increases.
Retainer

We can offer a retainer arrangement for particular legal advice. This would mean that you would know the fee for such advice is fixed for each month/quarter/year and that you can call or email us knowing we will be able to begin work immediately.

If you are interested in a retainer arrangement, we would be happy to discuss a fixed price retainer based on anticipated usage – we would usually base this on an assumed volume of hours, with a right for “unused” hours to be rolled forward into the following month/quarter/year.
"All you can eat"

An “all you can eat” arrangement means that you pay an annual fixed fee that is not based on a set number of hours’ work being provided. We would agree any exclusions with you if you wanted to explore this option. This type of arrangement can give you greater certainty about your annual legal spend.

Innovative pricing

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