Pricing

Our approach to pricing

We approach pricing commercially and value the transparent relationships we have with clients around fees.

We combine competitive rates with lean and efficient partner-led teams. Our experience, across large and small cases, is that this is a highly effective approach to achieving success, providing the best service and doing so efficiently and cost-effectively. We utilise associates across our two offices to generate additional cost savings.

We are open to discussing and working with clients to develop pricing models that work for them, including contingency fees in jurisdictions where that is permitted. We also provide monthly billing, which allows clients to be kept informed about the work that is being done while still fresh in the memory. 

We combine this transparency with a commitment to addressing any concerns raised by our clients.  Above all, we seek to foster long term relationships with our clients that transcend individual bills.

Legal finance and risk insurance

Many of the jurisdictions in which we operate allow parties to obtain external funding for legal fees.  Clients can benefit from third-party funding or insurance by shifting the risk and cost of legal fees and/or adverse costs orders (either in whole or in part) from their balance sheet to that of a financier or insurer.

We have deep experience with legal financing and insurance. We regularly work with third party funders in support of litigation and arbitration claims, including leading one of the very first third party funded arbitrations in Singapore (as recognized in the Financial Times Innovative Lawyer Awards). We have also defended multi-hundred million dollar class actions financed by litigation funders.   We have a deep understanding of products like contingent risk insurance, judgment/award preservation insurance, adverse costs/ATE insurance, and M&A-related insurance. Our clients benefit from the strong relationships we have within the litigation funding and insurance industries.

Uniquely, our clients benefit from the expertise and insights of partner Matt Lee, a recognized litigation finance market leader, who previously led the Australian operations and investments of the world’s largest legal finance provider. That expertise and knowledge provides valuable commercial and strategic insights for LFM clients, including on claim viability, potential legal finance and insurance options, running competitive financing processes, and alternative fee arrangements.