It is the policy of the Principal to agree the proposed Fee with a Client before the Client makes any commitment to employ Hannam Associates.

In accordance with good practice there are no scale fees notwithstanding that the fees charged are competitive.

Whether the proposed Fee is set as a fixed Lump Sum or is based on an hourly rate entirely depends on:-

• The complexity of the task entrusted to the Practice
• The time scale set by the Client
• The Practice's estimate of the time which will be required to complete the task.

Generally the Client can expect to receive monthly Interim Fee Notes, with a Final Account rendered on completion of the task. Fee Notes are payable within 28 days of the Client receiving them. In some circumstances an advance payment will be required.

In addition to the Agreed Fee, the Client will, in appropriate circumstances be required to reimburse the Practice the following, (which will be charged at cost)

• Travel expenses
• Hotel accommodation
• Disbursements
• The employment of specialists.

A formal Agreement will be prepared for the Client's signature which will clearly indicate the Practices responsibilities, duties, and the tasks accepted by the Practice and entrusted to the Practice.