Engagement Letter

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Engagement Letter

What is an Engagement Letter?

An Engagement Letter is a formal legal document that outlines the scope of work, terms, and conditions between Chambers & Co. and our esteemed clients. This document serves as a binding agreement that clearly delineates the responsibilities, obligations, and expectations of both parties involved in a legal engagement.

Why is it Required?

The Engagement Letter is essential for several reasons. First, it provides clarity and transparency by offering a clear framework for the services to be rendered, thereby eliminating ambiguities and potential misunderstandings. Second, it ensures legal compliance with the Cyprus Bar Association's Regulations. Third, it serves as a risk management tool by specifying dispute resolution mechanisms, confidentiality clauses, and other essential terms. Lastly, it sets a professional tone for the engagement and serves as a point of reference throughout the legal process.

Legal Effect Once Agreed and Signed

Upon signing, the Engagement Letter becomes a legally binding contract that is enforceable under the Contract Law, Cap. 149 of the Republic of Cyprus. Any disputes arising out of the engagement will be subject to the jurisdiction of Cypriot courts, unless otherwise specified in the agreement. Both parties will also be obliged to adhere to the Data Protection Law of 2018 (125(I)/2018), which aligns with the EU General Data Protection Regulation (GDPR). The letter will specify the conditions under which the engagement may be terminated and what obligations will persist post-termination. Failure to adhere to the terms and conditions outlined in the Engagement Letter may result in legal action, including but not limited to claims for breach of contract.


We strongly recommend that you read the Engagement Letter carefully. By signing this document, you acknowledge that you have read, understood, and agreed to be bound by its terms and conditions.

Chambers & Co - Engagement Letter

We Chambers & Co. LLC are pleased to have the opportunity to be of service to you and look forward to collaborating with you. Kindly note, that we will do our best in order to provide you the highest quality legal services and advice in a responsive and efficient manner.

Fundamental to a sound and solid relationship is a clear understanding of the terms and conditions upon which our firm will be providing legal services. Accordingly, the purpose of this letter is to discuss and clarify these terms and conditions.

  1. SCOPE OF SERVICES

The firm has been engaged to provide the following services:

  1. RESPONSIBLE LAWYER-LEGAL CONSULTANT

We will be personally responsible for your case. Should you require any information or clarification with regard to any legal issue you may wish to contact us. Please act accordingly in the event you have any questions or comments in relation to our services, staffing, billing or other aspects.

Andreas Laos – Advocate

Christiana G. Georgiou - Advocate

Konstantina Diola - Advocate

Andreas Xiaris - Advocate

It is of great importance to us that you are satisfied with our services and treatment at all times. Our intention is to provide quality services in an efficient and cost-effective manner. 

  1. RESPONSIBILITIES 

In reliance upon information and guidance provided by you, we will provide legal assistance to you in accordance with this letter, keep you reasonably informed of progress and respond to all your queries.

To enable us to effectively render these services, you agree to cooperate fully with us in all matters relating to the preparation of your case, to fully and accurately disclose to us all the facts that may be relevant to the matter or that we may otherwise request and to keep us updated of developments relating to the matter. 

In addition, you will be responsible for advising us whether any document we have prepared or received and sent to you for your approval or review reflects the principal terms of the proposed agreement, general litigation strategy or other expectations, as the case may be.  

It should be noted that provided we have your full and prompt cooperation and that we will receive all information requested in advance, we shall use our best endeavours to complete the exercises described above as soon as possible and provided the cooperation of all parties involved is in place.

  1. CONFLICT OF INTEREST

Although we do not have any conflict of interest in representing you, in the event that such a conflict arises in the future my Company undertakes to immediately inform you of the actual or potential conflict and to obtain either a consent or waiver to proceed. To enable us to effectively render the services, you agree to fully and accurately disclose to us all facts that may be relevant to the subject of representation or that the latter may otherwise request and to keep us apprised of developments relating to that subject.

  1. CONFIDENTIALITY

We undertake not to discuss your affairs with any other person or organisation outside the firm without your express permission.  

All non-public information about Clients and the Clients’ family is held by the Firm («Confidential information») in the strictest confidence, including without limitation any information marked as confidential. Neither the Firm, nor any of its employees, representatives, agents, servants or contractors will disclose confidential information to any third party without the clients’ express written consent, and will not use or copy such information except to further the objectives of this agreement. All Confidential information will be returned (together with any copies) to the clients upon completion of this agreement, or at any other time upon the clients’ request. This clause does not end upon termination of the Agreement, and that all Confidential Information shall remain confidential without limitation.     

  1. FEES, DISBURSEMENTS AND OTHER CHARGES 

The Firm’s fees relating to the scope of services set out in section A above will be charged at the fixed fee of €500 “Fixed Fee” plus any other disbursements and out of pocket expenses such as, inter alia, filing fees, stamp duty, courier services, travelling/transport costs and certifying officers’ fees.   

The fees shall include the services outlined in section A above however, it is agreed that in case our fixed fee is exhausted and/or additional services are requested by the clients and/or any particular service is for any unforeseeable reason estimated to require additional time from the responsible lawyers, the responsible lawyers reserve the right to inform the clients accordingly and subject to obtaining their approval, any additional time will be charged at the hourly rate of €300 per hour, or agree an additional fixed fee. 

The provision of our services – unless where expressly indicated above - excludes any court fees, fees of any registrar of any governmental or non-governmental department or ministry, translation costs, revenue stamps, overseas travel costs and accommodation, and any taxes (VAT, stamp duty) or any other charges which may be payable.

 

  1. PAYMENT OF FEES AND COSTS

In relation to the fees and disbursements outlined in clause F these shall become fully payable by the clients in the following mode:

The amount of €500 shall be paid simultaneously with the signing of the present Engagement Letter and the provision of our Invoice. 

  

  1. POLICY

It is the policy of our firm to always undertake to adhere to this policy whenever circumstances permit so, to:

  • Provide competent, timely and effective service to its clients;
  • To ensure that client’s best interest are always protected;
  • Keep the client informed of the progress of a matter;
  • Ensure open lines of communications;
  • Entertain any reasonable discussions with regard to any aspect of its services, including fees;
  • Act honourable and professionally in its dealings with clients and third parties;
  • Provide competent and skilled staff;
  • Ensure a service of the highest caliber in satisfying the client’s needs and objectives.
  1. TIMELINE

It is the policy of the firm to begin the task immediately upon the singing of this agreement.    

In the event that this letter reflects your understanding of the terms and conditions of my representation, please confirm your acceptance by signing it in the space provided below and return it to me. This letter will not become effective and I will have no obligation to provide any type of legal services until you sign and return the copy of this letter.  Note that if the Engagement Letter is not actioned upon by settlement of the specified fee, it becomes null and void within a period of 10 working days.

Yours Sincerely,

Chambers & Co

Advocates –Legal Consultants                                   

I fully understand all the terms and conditions set forth in this letter and agree to them.

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