Fees and the terms of assignment

The Haavind law firm observes the guidelines for the stipulation of fees prepared by the Norwegian Bar Association. Our fees are stipulated on the basis of time spent on the assignment. Also other factors, such as work outside of normal working hours, the liability associated with the assignment, the values involved, the complexity of the assignment, the degree of specialised knowledge required and the result obtained, may have an impact on the calculation of our fees. Any disbursements, such as travel expenses, fees for public registration, etc., will normally be invoiced in full without a mark-up.

In accordance with the rules of the Norwegian Bar Association, we will send the Client confirmation of assignment when accepting an assignment. The purpose of this confirmation of assignment is primarily to safeguard the client’s interests. The confirmation of assignment will give a brief description of the scope of the assignment, naming the person responsible for its performance. The confirmation of assignment also presents the rules for the calculation of fees and the requirements relating to the reimbursement of our expenses, as well as our terms of payment and invoicing. The confirmation of assignment also includes rules concerning the Client’s right to file a complaint against the stipulation of fees, etc.

For all our assignments, any liability for Haavind, our partners and collaborators will be limited to direct losses and does not comprise, under any circumstances, consequential loss. Furthermore, our liability is limited to the amount covered by our liability insurance. Our liability insurance is currently limited to NOK 400 million per assignment. Haavind’s legal counselling is subject to Norwegian law, and any disputes will be resolved with Oslo District Court as legal venue