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Legal retainer for businesses

Legal retainer for businesses in practice

Contracts every month, staff, unpaid invoices, Commercial Register filings: a business with this kind of workload needs a lawyer on an ongoing basis, not once a year. A legal retainer is a monthly subscription. For a fixed fee you get an agreed number of lawyer hours and a response time set out in the contract. Retainers start from €500 a month excluding VAT, with no minimum term.

We begin with an initial legal audit, reviewing your corporate documents, contracts, employment paperwork and terms of business, and set priorities. Unused hours roll over to the next month. If the work exceeds the prepaid hours, we tell you in advance and charge the extra at a reduced hourly rate. The retainer can be terminated at the end of any calendar month.

What we help with

  • Drafting and reviewing contracts and terms of business.
  • Advice by email, phone or video call.
  • Employment matters for employers.
  • Pre-action letters for unpaid invoices.
  • Corporate housekeeping and Commercial Register changes.
  • Dealing with counterparties, authorities and institutions.

Worth knowing

What is included

Prepaid hours that roll over, an initial audit in the first month, legal professional privilege and statutory liability insurance, a contractual response time and a reduced hourly rate for extra work.

What the price depends on

The number of prepaid hours, the agreed response time and the breadth of work. Send your company ID number and contact details and we usually reply within 1 working day.

Litigation and transactions

Court proceedings, transactions and larger compliance projects are priced separately by prior agreement, with a reduced rate for retainer clients.

Not the lawyer's flat expense fee

In Slovakia the term paušál also means a lawyer's flat expense allowance per act under Decree No. 655/2004. A legal retainer is a monthly subscription to legal services for businesses.

Common questions

  • Yes, to the following month under the rules set in the contract. When workload fluctuates, you do not lose the capacity you have paid for.

  • There is no minimum term. You can terminate at the end of any calendar month.

  • If legal questions come up only occasionally, a one-off consultation or a specific service is a better fit.

Related articles

Articles are in Slovak.

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In a consultation we assess your situation, suggest a way forward and tell you what costs to expect.

€90 incl. VAT, 30 minutes, in person or online

This page is for general information, reflects Slovak law at the time of writing and is not a substitute for advice on your particular matter.