Payment and invoicing

1. We base our invoicing on the fixed rates for standard assignment or on the booked time spent and therefore we are always capable of informing the client of the financial expenditure should the client want this.
2. Moreover we make an overall estimate when invoicing our services in which among other the character of the assignment and our responsibility are taken into consideration. Irrespective of us taking basis in the fixed rates or the booked time spent we are, nevertheless, always willing to discuss agreements about alternative fixing of the payment. According to the ethical rules for lawyers we are, however, not in a position to offer to our clients a retainer based on the outcome of the case.
3. If it is the client's wish we will when starting work on the assignment provide the client with an estimate of the expected costs. Such an estimate can of course only be given with considerable reservations.
4. In general invoicing will take place once a month and when the assignment is completed, but can also take place when concrete procedures has been finished.
5. Our terms of payment are net cash and in case of late payment we reserve our right to add interest from the date of maturity in accordance with the rules of the Danish Act on Interest.
6. As a result of our business having substantial disbursements for our clients we usually invoice our disbursements with slight higher exchange rate in order to minimize our foreign currency risk. Invoicing of disbursement may take place in another way should the client want that.
7. According to a tangible assessment and especially when establishing new client relationships we reserve the right to ask the client to pay a deposit before starting the assignment.