When the foreign investors do business in Vietnam, they would like to appoint a local law firm as a legal counsel, SBLaw is willing to provide this legal service in Vietnam.
SBLaw is a law firm based in Hanoi and Ho Chi Minh City. We provide extensive legal services in Vietnam, including representing clients before the counts and other government agencies, negotiating with Vietnamese authorities and local partners, assisting in structuring and negotiating transactions and disputes and performing due diligence.
SBLaw also provides administrative assistance in relation to investment in Vietnam, including legal and commercial translation, working with relevant governmental agencies and preparing routine applications to obtain licenses, registrations, notarization and approvals in all spheres including project development, financing, intellectual property and tax.
Regarding to the professional fee, our fee shall be based on the actual time our lawyers/consultants work on the services(s) for which we have been retained.
Our Lawyers keep track their time in minutes to the nearest 10 minutes and record their time daily.
Time record notations are made for any and all work performed, including but not limited to, office conferences, legal research, preparation of legal instruments, telephone and personal trips to and from the offices to relative places or client’s offices.
Where SBLaw offers an estimate for services based on hourly rates, such estimate may not adequately reflect the amount ultimately undertaken by SBLaw in order to deliver the services.
In case the actual amount of work required by SBLaw exceed our initial estimate, SBLaw will advise of any possible excess such estimate.
For ease reference, our current hourly rate are follows:
– Partner: 120-150USD
– Senior Associate 85-100USD
– Associate 80USD
– Trainee 45USD
SBLaw also provide services on a fixed basis for many projects. Any work or additional work which is not covered by the scope of work as agreed upon will be billed in accordance with our standard hourly rates.
We also further note that, our estimated professional fee is exclusive of the out of pocket expense occurred in connection with the services consumed by Client, including but not limited to Governmental Fee, Photocopying, International Telecommunication, Travel, bank fees for receipt deposit or transfer of fund, etc.
We also offer package of retainer service, in which, we shall act as the legal department of Client in Vietnam.
With this package, we offer standard 10 working hours/one month for Client. Professional fee for retainer service is 500USD/01 month. In case the Standard Working Time in a month is not depleted, the redundant time shall be automatically added into the Standard Working Time of the next month.
We do hope that the above information may be helpful for investor. If investors have any further inquiry, please feel free to contact us.