Hesketh Contract Services
Hesketh Contract Services

Charges

Hesketh charges by three principal means: hourly rates, lump sums or by means of a retainer. In all cases the client is required to make pre-payments in advance of any services given. Appropriate securities can be provided if required. Invoicing  intervals are usually on a bi-weekly basis.

Hourly rates

The basic hourly rates are as follows:-

  • Managing Partner - USD 200 to  USD 260
  • Partner - USD 190 to  USD 240
  • Consultants – USD 110 to  USD 190

Lump Sum

We are happy to quote lump sum or not-to-be-exceeded figures for work capable of a reasonable degree of definition. It is sometimes possible to quote a lump sum for specific stages in arbitration or litigation, for example. Non-contentious work is generally more predictable, however.

Retainers

Early advice can often prevent major problems developing. A low-cost retainer can be a sound investment, whether project-specific or more general. For a settled figure per month or quarter, those at the front line are encouraged to phone, fax or email whenever they have a query or a problem and we respond by return.

The retainer avoids the common attitude that help should only be called in when matters are serious, ie too late for timely advice to avoid or mitigate the problem. Given that the cost is fixed and the service paid for, project managers or engineers will make good use of the service.

Naturally, there are limits to the retainer service. Each package is tailored to the client's needs but typically where meetings are needed or large volumes of documents need to be examined or an issue has turned into a formal dispute or requires a heavy involvement of time, then additional arrangements are necessary.

Flexibility is the key

We will tailor a package to suit the need of the client. At Hesketh the emphasis is on a personal service for each client.

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