We generally charge lower than
the Top Ten law offices without making concessions on efficiency
and quality. We have a turnaround time on legal opinions of 24
hours on simple queries and 72 hours on more complicated subjects
requiring extensive research.
We have a flexible billing system.
For litigation cases whose duration
is unpredictable so that the time involvement of every lawyer
cannot be calculated with reasonable certainty, we charge an
acceptance fee first, then bill by the hour. Acceptance fee for
litigation cases starts at US$4,000.00. Hourly billing is US$75.00.
For legal opinions and research
not covered by a retainership agreement, we charge a flat rate
of US$ 200.00 for each subject matter instead of an hourly billing.
The coverage of the research includes one main subject matter
and its related or incidental topics, exceptions and qualifications.
Multiple questions on unrelated subject matters or ones bearing
only tenuous connection or relation with one another shall be
treated as different subject matters and charged separately.
The Firm gives the client wide leeway on questions and is inclined
to resolve all doubt in the treatment of related subject matters
in favor of the client.
For services covered by a retainership
agreement, we change a monthly retainers fee of US$1,000.00.
For special projects, such as incorporation,
registration and licensing, we bill by the package subject to
We are pleased to submit to you
herewith the following proposal for a legal retainership arrangement
with your company.
Retainer Fee. The proposed monthly retainer is U.S.$1,000.00,
payable in the first week of each month, which amount is subject
to adjustment upon mutual agreement, as work experience between
Date of Effectivity. We propose that the retainer arrangement
take effect upon payment of the first retainers fee of U.S.$1,000.00.
It shall be subject to termination upon 60 days written
notice given by either party to the other.
Scope of Retainer Services
and Hence NOT Subject to Additional Billing. The services which will be covered
by the retainer arrangement, which will not be subject to additional
billing, include the following:
Consultations, advice, and the giving
of opinion on all fields of law affecting your companys
business, such as general commercial law, corporation law, and
labor law but excluding tax law.
Supply of full text of laws, Supreme
Court decisions, administrative rules and regulations, Presidential
issuances, upon specific request;
Regular corporate services, including
the services of a Corporate Secretary;
Maintenance of a Stock and
Drafting and review of your companys
routine and ordinary agreements and other documents which are
used in the ordinary course of your business, but excluding those
requiring extensive negotiations or documentation
Representations (other than proceedings)
before and routine verifications with the Securities and Exchange
Commission, the Board of Investments, and other national and
local government offices and agencies within the Metro Manila;
Services excluded from
the monthly retainer fee
and which are subject to special billings; all terms to be mutually
agreed upon as a general rule prior to commencement of the work.
Assistance in special projects of
your company, such as transactions which require extensive negotiations
and documentation, written opinions which require several days
extraordinary research and studies, and administrative proceedings.
Litigation work of all kinds;
Intellectual property matters, including
patents, trademarks and copyright;
Tax and related problems.
In determining special billings
for any of the above services, the primary basis is our time
involvement, plus a reasonable responsibility premium, taking
into account such factors as the difficulty and importance of
the work, the novelty of the legal issues involved, and other
relevant factors. However, we will at all times take into consideration
the retainer relationship in billing you for services falling
outside the scope of the regular retainer arrangement. Thus,
where the demand by your company of the services covered by the
retainer agreement during any given period has not been extensive,
credit will be extended to you in the form of a reduction of
the amount which would otherwise be billed to you for the services
Out-of-Pocket Expenses. All out-of-pocket expenses (whether
in connection with litigation or non-litigation matters) such
as long distance telephone calls, fax, telex and cable charges,
document reproduction charges, machine processing charges, hotel
and transportation expenses incurred in court appearances or
other work for your companys filing fees, cost of stenographic
notes, printing of briefs and the like, shall be for your account.
In cases where such out-of-pocket expenses are anticipated, we
would request that a deposit for such expenses be made.
Conflict of Interest. The rules of legal ethics prevent us
from accepting engagements involving the prosecution or defense
of your interest adversary to those of another retainer of our
firm, without the consent of such latter client, where we have
previously represented such client in respect of the same set
of facts or events. Sometimes the existence of an actual or potential
conflict of interest may not be readily discernible at the time
we accept a specific engagement from a retainer client. Accordingly,
we are constrained to reserve the right to withdraw from such
engagement should such conflict of interest develop or become
Our experience is that sometimes,
even outside specific conflicts of interest areas, a retainer
client might regard its general interest as adversary to those
of another client of our firm. In such situation, we would, as
a general policy, address the feasibility of specific engagements
on a case-to-case basis.
In commercial and financial matters,
our experience has been that, where the parties have previously
or independently (i.e., without our involvement) arrived at an
understanding on the basic economic terms of their relationship,
such parties have often been willing to commission our firm as
"transaction counsel". By transaction counsel, we mean
counsel whose principal task is to craft the documents which
will embody the terms, conditions and substance of the agreements
reached by the parties. Clearly, this type of engagement also
needs to be approached on a case-to case basis.
The undersigned will be the overall
Partner-In-charge of your account. You may at all times contact
him directly regarding any matter enumerated above.
We very much appreciate your
considering our firm as retained counsel.
If you find the above retainer
proposal acceptable, please sign on the appropriate space below
and return to us one signed copy hereof.
Very truly yours,
GARRIDO & ASSOCIATES
WILFREDO M. GARRIDO,
To download the Retainership agreement, click