Running your business in the current climate can take all of your time and energy.
The last thing you need is to be concerned about legal matters. When you have other things to deal with, let Petersfields take the stress of your legal issues off your shoulders.
We have a wealth of experience in commercial law, and can help you with all your needs, including the following:
Business Disputes and Commercial Litigation
Debt Recovery
Contracts, Policies and Procedures
Terms and Conditions of Trading
Partnership Agreements
Directors and Shareholders Agreements
Compromise Agreements
Employment Contracts

Fees for Debt Recovery work

Cash flow is important to all business for clients who find themselves having to chase customers for payment on a regular basis we offer a bulk debt recovery service.

Our charges for new instructions each month are as follows:

Letter before action

1-10 Letters before action £18.00 plus VAT

11 – 20 Letters before action £16.00 plus VAT

21 and over Letters before action £14.00 plus VAT

If there is no response to these letters, we will discuss with you the costs v benefits of issuing proceedings.

Issue of proceedings where no response is received to Letter before action

Issue of proceedings on claims up to £25,000.00 – £180.00 plus VAT and disbursements per case.  The Court fee is a disbursement, the amount of which is dependent on the value of your claim.

For claims of £25,001.00 – £200 plus VAT and disbursements per case.  The Court fee is a disbursement, the amount of which is dependent on the value of your claim.

Your claim will also include a claim for interest which may be either, contractual or statutory.

Entry of judgment where no Defence has been received to the Court proceedings

£25.00 plus VAT

Contested Debts

Where debts are contested following the letter before action or a defence is filed to Court proceedings an hourly rate of £235.00 plus VAT will be chargeable for all work undertaken, which will include:

  • completing allocation questionnaire – 30 mins
  • preparation of standard disclosure of documents and exchanging these – 3 – 5 hours
  • preparing and exchanging of witness statements – 2 -3 hours work per statement
  • Preparation of bundles for hearing – 2=3 hours work

If we instruct a barrister to represent you then barrister’s charges are likely to be in the region of £1500 – £2500 plus VAT.

Dawn Petersfields LLP

Get in touch

Dawn is a partner and has been a qualified solicitor since 1997. Dawn specialises in dispute resolution and is able to guide you through negotiation, mediation or Court proceedings. More About Dawn.

Call our Cambridge office:
01223 653210

Call our Milton office:
01223 928055

Call our Haverhill office:
01440 713223

Please Note

If your case is complex, or of very high value, then the total fees are likely to be higher than those set out above. We will always provide you with a personal estimate of costs, tailored to your particular case, when you instruct us and we will provide you with an update of the costs incurred to date at any time upon request.

We are also happy to advise on an “as required” basis in order to help you to keep costs down, rather than formally acting on your behalf throughout a case, if you would prefer us to do so. For example, we can help with the drafting of your claim so that you can then lodge it and represent yourself in order to keep costs down.