If the matter does not proceed, we will calculate what the abortive fees will be. Each fee earner has an hourly “charge out rate” which vary according to their experience and seniority. The abortive fees are calculated as to how much time has been spent on the file and charged at that hourly rate. Any disbursements not already paid for will also be added into an abortive statement of account which will be sent to you. In most cases the abortive fees will be less than the originally quotes fee estimate.
The exception to this is where we have a special arrangement with certain estate agents to whom we pay referral fees and in those circumstances, we do not charge abortive fees.