Terms of business

Fees, outlay, invoicing, payment

At Vincit Lawfirm we normally calculate our fee on the basis of the amount of time spent on the job, but only after discussions with our clients.

We operate with open accounts for the billed hours, in order to make the final bill understandable and transparent. The amount is subject to VAT, according to the current rules.

We are happy to draw up an estimate of the amount of hours we expect to spend on a prospective job – in as far as the nature of the job permits us to do so. For consumer related jobs, the client is notified about the fee before the job is commenced.

Costs related to the job/outlays are paid by the client on top of the fee.

An invoice will be sent after settling with the client – usually at quarter end and/or on completion of the job.

The terms of payment are 14 days from the date of the invoice. Should the payment be delayed, the amount will be subject to interest in accordance with the provisions of the Danish Interest Act.