Pricing Policy for Billing Clerks, Fee Clerks, Debt Recovery or Consultancy Services
To quote on full-time or part-time support services for Chambers & Barristers, we firstly listen to what you want & the numbers you'd like to achieve.
The quote for Billing Clerks or Fee Collection Clerks is then based on the Areas of Practice, the Number of Counsel,
the Number of Cases and (for fee collection) the overall value of the Aged Debt.
The cost is spread over equal monthly instalments & using FMC can lead to a saving, on average, of 15-20% in employee related costs.
No long-term contracts, No hidden charges
Whether it's Billing Clerks, Fee Clerks, Consultancy or Debt Recovery our Contract is always transparent. With no long-term commitments or hidden charges. So you'll get the team you need for the cost your you want.
Every Chambers, every client, is different but below we've set out some recent contract examples as a guide.
Billing Clerks - Cost Examples as used by current clients
Leading Criminal Set - Carter Only Billing - Average number of new Billed Cases per month - 70>80
Cost per month £1,899 excl vat.
Leading Criminal Set - All Criminal LA Billing - Average number of new Billed cases per month - 125>150
Cost per month £2,250 excl vat.
Mixed Practice Set - All Family FAS (excl High Cost) Billing - Average number of new Billed cases per month - 50>65
Cost per month £1,750 excl vat.
Mixed Practice Set - All LOC/LBLA Billing - Average number of new Billed cases per month - 100>125
Cost per month £2,250 excl vat.
These Service Support Contracts include Billing & uploading on all required Governmental systems & portals. All billing information logged in realtime on the clients software system & case record (i.e. LEX/MLC)
Fee Clerking Cost Examples as used by current clients
Leading Commercial Set - Private Only Fees - Aged Debt Approx Approx £3.3m - between 1,200 - 1,400 outstanding cases at start of contract.
Cost per month 3 Day week/4 Day week/ Full Time - £1,500/£1,650/£1,750 excl vat
This Service Support Contract includes the required Pre-Action Protocol and referral to Debt Recovery should the client wish to legally pursue an applicable fee.
Mixed Funding Type Set - FAS/FGF/LA/LAFGF - Aged Debt Approx £2.4m - between 1,500 - 1,600 outstanding cases at start of contract.
Cost per month 3 Day week/4 Day week - £1,300/£1,450 excl vat
This Service Support Contract includes access to the CCMS System
PI Chambers - Aged Debt Approx £12.8m, between 12,600-13,100 cases at start of contract.
Cost per month - Full Time - £3,200 excl vat
A full time Contract for a 90% PI Set, offering 2.2 Fee Clerks working on 12,000 plus cases.
These Service Support Contracts include as standard the required Pre-Action Protocol and referral to Debt Recovery should the client wish to legally pursue an applicable fee.
We will guarantee the contract price for the first 2 years, helping to achieve lower costs & cost neutral fee clerking.
Cost per month £1,899 excl vat.
Leading Criminal Set - All Criminal LA Billing - Average number of new Billed cases per month - 125>150
Cost per month £2,250 excl vat.
Mixed Practice Set - All Family FAS (excl High Cost) Billing - Average number of new Billed cases per month - 50>65
Cost per month £1,750 excl vat.
Mixed Practice Set - All LOC/LBLA Billing - Average number of new Billed cases per month - 100>125
Cost per month £2,250 excl vat.
These Service Support Contracts include Billing & uploading on all required Governmental systems & portals. All billing information logged in realtime on the clients software system & case record (i.e. LEX/MLC)
Fee Clerking Cost Examples as used by current clients
Leading Commercial Set - Private Only Fees - Aged Debt Approx Approx £3.3m - between 1,200 - 1,400 outstanding cases at start of contract.
Cost per month 3 Day week/4 Day week/ Full Time - £1,500/£1,650/£1,750 excl vat
This Service Support Contract includes the required Pre-Action Protocol and referral to Debt Recovery should the client wish to legally pursue an applicable fee.
Mixed Funding Type Set - FAS/FGF/LA/LAFGF - Aged Debt Approx £2.4m - between 1,500 - 1,600 outstanding cases at start of contract.
Cost per month 3 Day week/4 Day week - £1,300/£1,450 excl vat
This Service Support Contract includes access to the CCMS System
PI Chambers - Aged Debt Approx £12.8m, between 12,600-13,100 cases at start of contract.
Cost per month - Full Time - £3,200 excl vat
A full time Contract for a 90% PI Set, offering 2.2 Fee Clerks working on 12,000 plus cases.
These Service Support Contracts include as standard the required Pre-Action Protocol and referral to Debt Recovery should the client wish to legally pursue an applicable fee.
We will guarantee the contract price for the first 2 years, helping to achieve lower costs & cost neutral fee clerking.
Consultancy Cost - Examples as used by previous clients
70+ Counsel Set - Income & Credit Control Cycles - Review, Report, Realign Workflows & Cycles to current Industry Standards
6 Month Contract to review all of Chambers LEX Workflows (the internal systems that govern Credit Control & the Credit terms you apply)
To ensure that workflows correlate to the funding types you are using, to ensure & to meet and discuss realignment of all workflows where applicable, bringing Chambers in line with both their own credit terms and those of the Bar.
- £1,250 per month excl vat for 3 Months
80+ Counsel Set - Full Case, System Issues, Errors and Observations Report
- Root & Branch Report covering over 40,000 live and archived case records and all areas that experience suggests impact on efficiency levels for Billing, Credit Control & Aged Debt Records.
4-6 Month Contract to review all records from Case Creation to Payment and report on any issues that negatively impacted on Billing, Receipts, Aged Debt recovery, or the Chambers Brand.
In fee terms this project released over £600k in dormant or Unchased Fees, reduced the Aged Debt by over £500k and uncovered over £400k in Unbilled Fees. It also led to new procedures in billing management, revenue control & all Workflows were realigned.
- £1,750 per month excl vat for 3 Months
6 Month Contract to review all of Chambers LEX Workflows (the internal systems that govern Credit Control & the Credit terms you apply)
To ensure that workflows correlate to the funding types you are using, to ensure & to meet and discuss realignment of all workflows where applicable, bringing Chambers in line with both their own credit terms and those of the Bar.
- £1,250 per month excl vat for 3 Months
80+ Counsel Set - Full Case, System Issues, Errors and Observations Report
- Root & Branch Report covering over 40,000 live and archived case records and all areas that experience suggests impact on efficiency levels for Billing, Credit Control & Aged Debt Records.
4-6 Month Contract to review all records from Case Creation to Payment and report on any issues that negatively impacted on Billing, Receipts, Aged Debt recovery, or the Chambers Brand.
In fee terms this project released over £600k in dormant or Unchased Fees, reduced the Aged Debt by over £500k and uncovered over £400k in Unbilled Fees. It also led to new procedures in billing management, revenue control & all Workflows were realigned.
- £1,750 per month excl vat for 3 Months
Debt Recovery Costs - Examples as used by current clients
Review of your Instructions, Pre-Action Protocol, LBA - £75.99 excl per Case
Legal Team Debt Recovery - No Win No Fee
Legal Team Debt Recovery - Fixed Fees Options starting at £75ph
FMC Debt Recovery undertakes all Pre-Action Protocol for the price quoted above.
The client then has the option to continue debt recovery with our Legal Team on either a commission only basis or fixed fees basis.
No Win No Fee Commission rates are 20% of fees collected.
Fixed Fees rates are provided upon request.
*Minimum debt level and age of fee may apply. Court fees are recoverable if the claimant wins, but there may be other recovery disbursement fees which are not.
Legal Team Debt Recovery - No Win No Fee
Legal Team Debt Recovery - Fixed Fees Options starting at £75ph
FMC Debt Recovery undertakes all Pre-Action Protocol for the price quoted above.
The client then has the option to continue debt recovery with our Legal Team on either a commission only basis or fixed fees basis.
No Win No Fee Commission rates are 20% of fees collected.
Fixed Fees rates are provided upon request.
*Minimum debt level and age of fee may apply. Court fees are recoverable if the claimant wins, but there may be other recovery disbursement fees which are not.
