The sound of a traditional law firm’s fee clock notching up billable hours can be daunting. Every business requires high quality legal advice from time to time, but few can justify having an open-ended legal budget.
New commercial law consultancy, Whipping the Cat, is poised to disrupt the status quo of the traditional, high cost legal industry by becoming a fixed costs legal partner for businesses of any size. The boutique consultancy has this week announced the launch of its fixed-fee commercial legal services, aimed primarily at modern small- to medium-sized businesses. Through the use of technology and the employment of an outsourced legal consulting model, Whipping the Cat promises to minimise overheads and slash costs for clients, while providing high quality, skills-based legal services.
All services will be quoted for upfront and billed on a fixed fee basis; enabling clients to budget for their annual legal spend. This is a first for the South African commercial law sector, where legal advisory outsourcing and a fixed fee business model are virtually unheard of.