Our fees are usually based on time spent. This means that it is easy for clients to get up-to-date information about their legal costs. Other factors include the nature of the instructions, the degree of expertise and experience required, the complexity of the matter, our potential liability and the outcome.

But we are always happy to discuss alternative fee arrangements.

In 2011, our hourly rates are as follows (approximate figures):

Partners: EUR 430 – 535
Associates: EUR 280 – 365
Junior Associates: EUR 200 – 255
Legal interns: EUR 90 – 130

As a general rule, fees will be invoiced on a monthly basis and when the work is completed. Litigation work will typically be invoiced on a quarterly basis. Payment is due 15 days after the invoice date. Interest will be charged on late payment in accordance with the Danish Interest Act. We will generally ask for disbursements (court fees etc.) to be paid when incurred.

In some cases, we may ask for a retainer.

Confidentiality, insider rules and conflicts of interest
At Norrbom Vinding, confidentiality is paramount. All of our staff have signed a declaration not to disclose inside information and a declaration of confidentiality concerning all information obtained from or about clients. And all material, in whatever form received, will be treated and kept in confidence.

We also have safe procedures in place to identify any conflicts of interest and independence issues. This means that we will not accept a client or an instruction if there is even the slightest risk of a conflict.

Anti-money laundering compliance
Like other Danish law firms, Norrbom Vinding must comply with the Danish Money Laundering Act. As a result, we will obtain and keep information about clients’ identity and have implemented appropriate controls to ensure compliance.

Code of conduct and client funds
Learn more about the Danish Administration of Justice Act's provisions on lawyers and the Danish Bar and Law Society’s Code of Conduct and client account regulations at the Danish Bar and Law Society's website here. The client account regulations are available in Danish only.

Liability and insurance cover
Norrbom Vinding is a Danish law firm. Our lawyers are admitted to practise law in Denmark and only advise on Danish law. We are governed by Danish law and any disputes will be settled by the Danish courts.

We accept liability for the services provided by us in accordance with the general rules of Danish law and have adequate liability cover in place with a reputable insurance company.

Files and rights
Norrbom Vinding will keep all documents and other relevant material for a period of 20 years after completion of the work. Any original documents received will be copied and returned to the client when the work is completed.

The client will have the right to use all written material produced by us as part of our services, but copyright and all other intellectual property rights will remain the property of Norrbom Vinding.