Every legal matter is different. We offer flexible fee structures tailored to the nature and complexity of your case, including hourly billing, flat fees, and contingency arrangements where appropriate.
We bill based on the amount of time spent on your file, in .1 hour increments. Only time spent on legal work, such as research, correspondence, and court attendances are counted. Firm administrative tasks such as accounting and docketing are not billed.
Depending on your case complexity, or the scope of services required, we may be able to provide services for a fixed fee. Simple real estate transactions such as residential closings are usually flat-fee. Limited scope services, such as drafting a letter or attending a hearing, are other examples where we have offered flat fees to clients.
In some cases, we are able to take your case on a contingency basis. This means there will be no upfront retainer for legal fees. Instead, the legal fees will be deducted from the award or settlement arising from your case on a percentage basis.
We offer transparent fixed-fee pricing for standard residential real estate transactions, including purchases, sales, and mortgage refinances. Below is a general overview of our legal fees for typical closings.
The fees listed below apply to title insured residential real estate closings of normal complexity, assuming no reasonably unforeseen complications, of a vacant single family property on the date of closing with a purchase price or sale price of less than $1,100,000.00, and receiving mortgage instructions five business days prior to closing, if applicable.
For a purchase of a vacant single family residential property and one mortgage with a Schedule I Bank.
For a sale of a vacant single family residential property and discharge of one mortgage on title.
For one mortgage refinance of a single family residential property and discharge of one mortgage on title.
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*The above fees listed are for title insured residential real estate closings of normal complexity, assuming no reasonably unforeseen complications, of a vacant single family property on the date of closing with a purchase price or sale price of less than $1,100,000.00, receiving mortgage instructions five business days prior to closing.
Please note that additional disbursements may apply if required in accordance with LSO Rule 4.2-2.1: HST, government document registration fees, fees charged by the government., Teranet fees, costs of a new condo status certificate, lawyers creditor’s letters and title insurance.
We require mortgage instructions at least 5 business days prior to the closing date. If we are not in receipt of the mortgage instructions at least 5 business days prior to closing, a rush fee of $499 plus HST will be applied to the transaction.
In some real estate transactions, there may be unforeseen issues and/or difficulties that arise as a result of matters beyond our control. We reserve the right to increase our fees to reflect any additional time expended with the completion of your transaction and will contact you to discuss same.
