Engagement & Fee Structures
Pre-Engagement
Before accepting any engagement, we are always fully available to discuss at no charge basis any
possible aspect of the clients’ needs. For this purpose, we welcome pre-engagement meetings subject to Wisam AlSindi Law Firm’s policy (also via telephone or video conversations) to show our experience and skills and to confirm our ability to assist on specific matter.
Consultation
Consultation includes providing legal advice and opinions in all legal areas as well as drafting and reviewing contracts and legal documents.
We usually charge for consultations on time-spent-basis at applicable hourly rates that vary
according to the seniority of the lawyer handling the matter.
The Firm usually provides the client with a detailed breakdown of the hours spent on a regular basis.
Company Formation
This includes the formation of any type of company in addition to the conversion of existing companies.
The fees are usually calculated by lump sum amount depending on the type of company. Part of the fees is usually required upfront in addition to the estimated official fees. The remaining fees are paid upon completion of work.
Retainer
Client signs a retainer contract with the Firm by which the Firm provides various consultation services to the client during the duration of the retainer.
The main benefits of this option are:
• Client will have priority in completion of work; and
• A single point of contact will be specified from the Firm and the client’s side.
Litigation
Our fees for litigation are usually on lump sum basis with an agreed percentage of collected amounts. Payment of our fees usually happens in phases with an upfront payment.
Translation
The cost for basic document translation is SAR100 for 250 words except for legal translation where the fees are calculated on time-spent-basis.