22 July 2009
Dear experts, I am a Panel Advocate for a company having head office in Mumbai. i am working in a city in Tamilnadu. I send about 75 legal notices Separately to each borrowers with their loan details and with their description of property based on which they obtained the loan with in 2 days of the details provided by the company branch. I charged Rs. 500/- to the borrower and addition of Rs. 50/- each to co-applicant and guarantor. But the company accounts departments people says that the charges on the higher side. I stated that no Advocate can send notice for such a less amount I send the notice since i am new to the company and a junior having 6 years exp. Am i correct? or my claim is on the higher side?
22 July 2009
There is no specific Rule of Fee for issuing Suit Notices or demand Notices - it depends on the amount involved and the time taken in preparing and issuing Notice and Notice Chargews psotage typing etc , apart from Advocate's Fee . The issuance of the Suit Notice is almost is the basis of the Pleadigns in the proposed suit. It has to be issued with atmost care ! You can fix the Fee for issuign Suit Niotice , in some cases the Claims will be settled by Notice only ! Fee accordign to the Terms fixed in between you and your Client , however it should be reasonable , the amount claimed by you at Rs;-500 /- is not abnormal/it is reasonable .There are prior agreements between Advocates and Comapanies/Banks , taking services for Opinions , Notices , Suits , EP etc , it is always better to fix the Fee before renderign the Services! With regars !
23 July 2009
Dear all, Sorry to differ with you on the subject.
There are certain lawyers at Sowcarpet area (which is near High Court, Madras) who are charging even Rs. 50/- per notice + postal expenses for such routine finance case notices. (You can't compete with certain sect of merchants in bargaining).
My suggestion is to opt for a decently fixed 'retainership fee' irrespective of the quantum of work.