SCALE OF FEES AS ADOPTED AT THE MID-YEAR REVIEW CONFERENCE ON 9TH APRIL, 2015 AT LA PALM ROYAL BEACH HOTEL IN ACCRA
A. Initial Consultation Fees
Ghanaian clients
i. Senior Counsel (10+years) - GH¢1,000 maximum
ii. Counsel (5-9 years) GH¢750 maximum
iii. Junior Counsel (under 5 years) - GH¢500 maximum
 
Counsel may charge hourly rates for an extended Initial Consultation.
* The Senior Legal Office and founder of the Law Office is Senior at the Bar.
 

N. Commercial Agreements

For the preparation of Commercial agreements including research, legal opinion drafting and engrossment or finalization, but excluding conferences with clients:

a) the fee shall be the same as hourly rates for each hour spent, or

b) the fees shall be based on a percentage of the consideration or lump sum involved in the agreement as follows:

                i) Less than GH¢10,000, the fees shall not exceed 15% thereof;

                ii) Over GH¢10,000, the fee shall not exceed 10% thereof;

                iii) Over GH¢50,000 but less than GH¢150,000 the fee shall not exceed 7% thereof;

                iv) Over GH¢150,000 but less than GH¢500,000 the fee shall not exceed 5% thereof;

                v) Over GH¢500,000 the fee shall not exceed 3% thereof


CONVEYANCING & DRAFTING

J. Conveyance

The fees for any conveyance are based on value of the property being conveyed.

Where the value of the property is:

i) Up to GH¢20,000.00 - 15% maximum

ii) Over GH¢20,000.00 and up to GH¢100,000.00 - 15% for first GH¢20,000 and balance at 12% maximum

iii) Over GH¢100,000.00 and up to GH¢200,000.00 - 12% for first and balance at 10% maximum

iv) Over GH¢200,000.00 and up to GH¢500,000.00 - 10% for first GH¢200,000 and balance at 7.5% maximum

v) Over GH¢500,000.00 - 7.5% for first GH¢500,000 and balance at 5% maximum

 

 

R. Debt Recovery

Debt collection, as its name implies, involves the recovery of monies such as rent, contract payments and other debts for and on behalf of clients. This may be achieved in two main ways:

i. by correspondence, or

ii. by instituting legal action for the recovery of the debt or by acting on behalf of the debtor for any such action.

All expenses for the recovery of debts should be borne by the client.

 

a) Debt Collection by Correspondence

Where the amount involved is up to and includes:

I. GH¢25,000 – 10% maximum

II. GH¢100,000 – 10% for the first GH¢25,000 and balance at 7% maximum

III. GHS400,000 - 10% for first GH¢25,000, 7% for balance up to GH¢100,000 and remaining balance at 5% maximum

IV. Over GHS400,000 - 10% for first GH¢25,000, 7% for balance up to GH¢100,000, 5% for balance up to GH¢400,000 and remaining balance at 3% maximum

 

b) Debt Collection by Instituting Legal Action

Fees are provided for under brief fees [see Clause E(k) supra]

About us
Services
Fees
FAQ's
Contact Us
other issues
Web contact
Consultancy
office Links
Notice
Business Incorporation
Debt Collection
Commercial Agreement
Conference Fees/Hourly rates
Litigation & Other Fees
Conveyancing & Drafting

O. Wills

a) Simple wills (without any trust or limitation or dispositions) – GH¢3,000 maximum, or hourly rates will apply if the hours exceed GH¢3,000

 

b) Complicated wills – GH¢9,000 maximum, or hourly rates will apply if the hours exceed GH¢9,000

  

P. Probate and Letters of Administration (Non – Contentious) Value of Estate Fees to be charged

a) Up to GH¢100,000.00 GH¢7,000 maximum

 

b) Over GH¢100,000.00 GH¢7,000 for the first GH¢100,000 plus up to 5% for any additional value.

 

The preparation of Vesting Assent and the Winding Up of an Estate should not be included as part of the matters relating to Probate and Letters of Administration and must be treated as separate matters. The fees to be charged for Vesting Assent and Winding Up of an Estate shall be the same provided that where the same lawyer was responsible for the Probate and Letters of Administration, the maximum fee for the Vesting Assent andWinding Up of an Estate shall not exceed 50% of the fees approved.
back to top
back to top
back to top
back to top
back to top
back to top
Retainer Fees
Consultation Local & International
Estate & Probate
Tenancies
Debt Recovery
Legal Opinion & Specialized services

C. Retainer Fees

The law permits a lawyer to accept retainer for advice. However a lawyer shall be separately instructed and separately remunerated by fees for each piece of work done, and shall not undertake to represent any person, authority or corporation in all their court work for a fixed annual salary. The minimum rate for retainer may be GH¢4,000.00 per month depending on the scope of work contained in the retainer provided that the clients shall be entitled to free consultation in addition to a discount of up to twenty percent (20%) for other legal services.

  1. Specialized Services
a) Power of Attorney – Fee for Two (2) hours maximum or hourly rates would apply if the hours involved exceed two hours.
b) Statutory Declaration - Fee for Two (2) hours maximum or hourly rates would apply if the hours involved exceed two hours.
c) Notary Fees – two (2) hours maximum or hourly rates would apply if the hours involved exceed two hours.
d) Legal Opinion Writing
a) Power of Attorney – Fee for Two (2) hours maximum or hourly rates would apply if the hours involved exceed two hours.
b) Statutory Declaration - Fee for Two (2) hours maximum or hourly rates would apply if the hours involved exceed two hours.
c) Notary Fees – two (2) hours maximum or hourly rates would apply if the hours involved exceed two hours.
d) Legal Opinion Writing

.
back to top
back to top
back to top
International clients
  1. Senior Counsel (10+years) - US$500 - $1,000 maximum
  2. Counsel (5-9 years) - US$375-$750 maximum
  3. Junior Counsel (under 5 years) - US250-$500 maximum
  1. Incorporation of Partnership
The Cedi equivalent of a fee of US$1,000 shall be charged for the incorporation of a partnership and the drafting of a partnership agreement shall attract an additional fee range between US$1,000 – US$2,000 payable in the Ghana Cedi equivalent. Hourly rates would apply if the man hours exceed US$2,000.

  1. Company / Registration
A fee range between US$1,000 – US$4,000 payable in the Ghana Cedi equivalent shall be charged for the incorporation of a company. A separate fee ranging between US$1,000 – US$2,000 shall be charged for the preparation of the Regulations of the Company. Hourly rates would apply if the man hours involved exceed US$2,000.
B. Hourly Rates
Hourly rates may range between the amounts stated below unless otherwise agreed:- Local Clients
(i) Senior Counsel (10+years) - GH¢1,000 - GH¢2,000
(ii) Counsel (5-9 years) GH¢500 - GH¢1500
(iii) Junior Counsel (under 5 years) - GH¢300- GH¢1000
 
Counsel may charge hourly rates for an extended Initial Consultation.
.
International Clients
(i) Senior Counsel (10+years) - US$500 - US$1,000
(ii) Counsel (5-9 years) - US$375 - US$750
(iii) Junior Counsel (under 5 years) - US$250 - US$500
 
Counsel may charge hourly rates for an extended Initial Consultation

K. Tenancy Agreement

Fee for tenancy agreements shall be based on the yearly rent and other considerations involved.

Where the yearly rent or other consideration involved is:

i) Up to GH¢20,000 per annum - 15% maximum

ii) Over GH¢20,000 and up to GH¢50,000 - GH¢3,000 plus 10% maximum per annum

iii) Over GH¢50,000 and up to GH¢100,000- GH¢3,000 plus 7.5% maximum per annum

iv) Over GH¢100,000 per annum - GH¢3,000 plus 5% maximum

Alternatively, where practicable, Counsel may charge one month’s rent as legal fees..ee for tenancy agreements shall be based on the yearly rent and other consideration involved.

Where the amount of rent or other consideration involved is :
(i) up to GH¢1 - GH¢20,000.00 - 15% maximum.
(ii) over GH¢20,000.00 and up to GH¢50,000.00 - GH¢3,000.00 plus 10% maximum.
(iii) over GH¢50,000.00 and up to GH¢100,000.00- GH¢3,000.00 plus 7% maximum.
(iv) over GH¢35,000.00 and up to GH¢50,000.00- GH¢3,000.00 plus 5% maximum.
(v) over ¢GH50,000.00- 3% maximum.
Click "view" below to download Appoved Ghana Bar Association 2015 Approved Scale of Fees.
r_a_codjoe_law_offices_cookies_raclo_redesigned_oct_4launch004001.jpg
VIEW GBA FEES.