VALUE BASED PRICING
Fixed price litigation.
Litigation is an inherently uncertain process and many businesses fear the escalating legal costs and lack of transparency and control during the process. Using our unique D.cubed pricing tools, Bespoke distils your litigation matter into 6 easily understood ‘cubes’. Each is meticulously scoped and planned, with prices fixed for each stage.
At the start of your matter, these ‘cubes’ are expanded upon and broken down so that you have the detail you require to understand the road ahead and its possible twists and turns. This unique ‘litigation map’ of the process is a powerful knowledge sharing tool, where previously uncertainty or confusion lurked. An example of the ‘bare bones’ of one of these litigation maps is set out below:
The D.cubed methodology for fixed price litigation is built on 3 foundations:
- De-construct – we remove the unnecessary layers of cost from litigation work.
- De-mystify – we speak your language (not legalese) and ensure certainty and transparency on price.
- De-brief – we project manage the litigation file throughout and stay close to your priorities and needs.
Conventional wisdom suggests that litigation work can’t be done at fixed prices because of the uncertain nature of the work. At Bespoke, we prefer unconventional wisdom. No two disputes are ever the same, so Bespoke’s litigation team work hard at the outset and at each milestone stage, to meticulously assess your litigation matter. In doing so, we present you with a scope of work and a customised ‘litigation map’. We present a fixed price proposal at each of the three stages in your ‘litigation map’. Simple yet powerful. We also work hard with Barristers to ensure that they are aligned with our fixed pricing model. We find that more and more members of the Bar are interested in working with us on this basis and providing certainty to clients when it comes to the potentially more costly stages of a litigation file.
Because we do not charge our litigation files by the minute or by the hour:
- you will never be surprised at the bill you receive.
- there are no barriers to communication with the Bespoke team.
Our D.cubed pricing mechanism is responsive and efficient in calculating the costs of each contingency, so we can inform you of these costs before the work for each stage is commenced. We want our litigation clients to be able to better manage their legal budget. It is no surprise that our litigation clients have achieved significant savings had the same file been completed on hourly rates. Wouldn’t you want that certainty for your litigation matter?