ABSTRACT

This chapter explores some of those issues but with two distinct caveats: the list of dos and don’ts sometimes reproduced on such topics runs the risks both of sounding rather too pompous and of being undone by the author in his subjective approach, leaving out something the reader may feel is fundamental. The abandonment of the fee scales which provided the framework for pricing for much professional work in the past means that fees for non-transactional work are, as shown by the annual CAAV Fees Survey, predominantly either time based or on a fixed fee basis. The CAAV guidance note offers some further guidance on the merits of time recording and the Fees Survey provides an annual insight into both fee levels and the basis of charging, which can be of a considerable assistance when establishing fee structures with clients.