We will ensure that we explain:
- How we calculate our fees
- If a ‘no win, no fee’ agreement is available for your case
- Any additional costs that may incur
We can act under the following arrangements:
No Win, No Fee
A ‘no win, no fee’ agreement, also known as a contingency fee agreement, means that if we recover debts or damages for you, our fee is an agreed percentage of the recovered amount (we call this ‘success fee’). So if we recover ¥10 million and the percentage is set at 30%, our success fee is ¥3 million. If we don’t recover any, you don’t pay us any.
While we prefer to work on a ‘no win, no fee’ basis whereby we are in the same boat, not every case can be run on this arrangement. We offer these arrangements on a case-by-case basis. We must be satisfied that:
- Your claim has legal merit
- The disputed amount is large enough to justify our risk
- The opponent has the means to pay
This arrangement applies to our fees alone. If the case goes to court, you will be required to pay disbursements and expenses such as court fees, translation fees, travel expenses and postage, regardless of the outcome.
No Win, Less Fee
This is the traditional fee structure for Japanese lawyers. This fee structure consists of an initial fixed fee (we call this ‘retainer fee’) and a success fee. We charge a retainer fee at the start of the engagement with our clients and a success fee at the successful outcome of the case.
Below are the fee scales for our ‘no win, less fee’ dispute resolution. Generally, dispute resolution consists of two stages: the negotiation stage and the stage of the proceedings (i.e. litigation, arbitration…). We charge half the amount of the retainer fee in the table below at the negotiation stage. If no settlement is reached through the negotiation, you may further instruct us to commence proceedings by paying the balance of the retainer fee.
* The minimum retainer fee is ¥200,000.
* The 10% consumption tax is included.
* Disbursements and expenses (court fees etc.) are excluded.