FEES, OUTLAY, INVOICING, PAYMENT

At Vincit Lawfirm, cvr. nr.: 29 63 56 33, we normally calculate our fee on the basis of the amount of time spent on the job, but only after discussions with our clients. We operate with open accounts for the billed hours, in order to make the final bill understandable and transparent. The amount is subject to VAT, according to the current rules.

 

We are happy to draw up an estimate of the amount of hours we expect to spend on a prospective job – in as far as the nature of the job permits us to do so. For consumer-related jobs, the client is notified about the fee before the job is commenced. Costs related to the job/outlays are paid by the client on top of the fee.

 

An invoice will be sent after settling with the client - usually at quarter end and/or on completion of the job.

 

The terms of payment are 14 days from the date of the invoice. Should the payment be delayed, the amount will be subject to interest in accordance with the provisions of the Danish Interest Act.

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Vincit Lawfirm has client bankaccount in VestJysk Bank.

 

CONFIDENTIALITY AND INSIDER RULES

Vincit Lawfirm is obliged to treat all information received from or about the client as confidential unless the circumstances clearly indicate that the information is not confidential.

 

Vincit Lawfirm is furthermore subject to the current legislation prohibiting the disclosure of inside information and restrictions on trading in listed securities.

 

CARRYING OUT AND COMPLETING THE JOB

All jobs are carried out in compliance with the ethical rules of the Lawyers Council, the Administration of Justice Act’s rules on solicitors and other relevant laws.

 

Vincit Lawfirm retains all case material in an archive for at least 5 years from the completion of the case. Original documents will be handed back on completion of the case, at the latest.

 

IDENTITY INFORMATION AND MONEY LAUNDERING

As is the case with all other law firms, Vincit Lawfirm is subject to the legislation on preventative measures against money laundering. We are therefore obliged to acquire and keep identity information about all clients.

 

LIABILITY, LIMITED LIABILITY AND INSURANCE COVERAGE

Vincit Lawfirm is liable for the legal advice delivered in accordance with ordinary Danish law, and has taken out professional indemnity insurance with Ryan Specialty Group Denmark A/S, Strandvejen 125, 2900 Hellerup, where a guarantee also is provided in accordance with the rules laid down by the Danish Bar Association. The indemnity insurance covers all law practice, no matter where it is practiced.

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We are liable for the sum of the amount paid out from our liability insurance and our excess. We are not liable for indirect losses or damages derived from the case, including operational losses, loss of data, loss of profit, goodwill, image etc. or other kinds of indirect losses. Vincit Lawfirm is not liable for any errors committed by advisers recommended by Vincit Lawfirm, nor is Vincit Lawfirm liable for work undertaken by sub-contractors engaged by Vincit Lawfirm in agreement with the client.

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COMPLAINTS

Vincit Lawfirm is subject to the general rules on complaints issued by the Danish Bar and Law Society. 

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If the client is not satisfied with the assistance provided or our fees, we ask the client to contact us in order to resolve the matter. If it is not possible to reach an agreement with respect to a complaint, the client may file a complaint with the Disciplinary Board of the Danish Bar and Law Society at the  address:

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The Secretariat of the Disciplinary Board of the Danish Bar and Law Society
Kronprinsessegade 28
1306 Copenhagen K, Denmark
Email: klagesagsafdelingen@advokatsamfundet.dk
Homepage: www.advokatsamfundet.dk/Advokatnaevnet.aspx

 

APPLICABLE LAW AND JURISDICTION

In the event of an irreconcilable dispute between the client and Vincit Lawfirm, the dispute shall be resolved in accordance with Danish law and shall be brought to the relevant Danish court of justice.

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