Drawing A Formal Bill Of Cost:
The fee charged is 11% of the total fees of the bill as drawn, plus R2.00 per page for each copy of the bill. On request, a No Fee Bill can be provided, which reflects only the disbursements of the bill, at a normal charge of R2.00 per page for each copy.
Drawing An Informal Bill Of Cost:
This format is not taxable, but provides an accurate fee assessment. The fee charged is 7% of the total fees of the bill as drawn, plus R2.00 per page for each copy of the bill.
Drawing A Bill For Work Done O.b.o. The Raf:
This bill is drawn on the RAF’s special format for attorneys acting for the fund. The fee charged is 11% of the total fees of the bill, half of which amount is recoverable from the Fund.
The Analysis And / Or Opposition Of A Bill:
The fee charged for opposing a bill of cost is 10% of the gross amount by which the bill is reduced. Analysis of a bill and preparation of a Notice to Oppose is R800.00 per hour.
Attending To The Taxation Of A Bill:
The fee charged for attending to the taxation of a bill is the fee allowed by the Taxing Master for such attendance.
Attending To The Settlement Of A Bill:
The fee charged for attending to the settlement of a bill that is being presented is 5% of the total of the settlement achieved, alternatively the fee for attending if the same is recovered, whichever is the lesser.
Legal Cost Mediation
Our services include Mediation of Legal Costs disputes, also in respect of costs in Arbitration. For more information, contact Johan Ackerman.
Tailor Made Options To Suit Your Needs Are Available.
Practice over the last three decades or more has developed collegially between Practitioners to use the services of legal cost consultants to deal with this function.
In order for the legal practitioner to be able to present a bill of cost for taxation purposes, both a Party and Party bill and Attorney and Client bill are completed to adhere to the requirements of the Rules. Whether it be High Court or Lower Court.
The Informal bill is aimed more at enabling the attorney to present his client with an accurate yet compact account for work done. But the Informal bill is also very useful for determining Cost for Security or even when settlement negotiations are ongoing where legal costs are also an issue.
It is a reality that not all cases are won and in such instances the unsuccessful party will most likely be faced with a legal bill of cost aimed at indemnifying the successful party for costs incurred in litigation.
Of course the unsuccessful party has the right to scrutinise and object to any charge appearing in such a bill of cost. As opposing a bill of cost can be even more complicated in law than presenting a bill of cost. The services we provide in this regard is just as valuable to the unsuccessful party for the attainment of justice.
We have a panel of experienced legal costs experts with full right of appearance to attend to the tedious task of attending taxation, at no extra costs to the client.
SOUTH AFRICA’S FOREMOST LEGAL COST CONSULTANTS SINCE 1970
Bills of Cost Services
SOUTH AFRICA’S FOREMOST LEGAL COST CONSULTANTS
Bills of Cost Services – Based in Cape Town. We have been providing an invaluable legal billing service to attorneys and the legal fraternity across South Africa since the 1970s. Making us the oldest and most recognisable name in the legal cost profession.
Before the establishment of Bills of Cost, attorneys had little choice but to prepare and tax their own bills of costs. This is often, a tedious task involving long hours of unproductive labour which frequently results in an under-recovery of expenses due to inaccuracy in an attempt to save time.
We are always here to help and assist.
If you require our expertise please get in contact with us.