BROWNE JACOBSON LLP

Standard payment terms for Browne Jacobson LLP are 30 days from date of invoice on normal qualifying contracts. In common with other law firms, we also pay professional disbursements (such as counsel fees) on behalf of clients on a “pay when paid” basis. It is standard industry practice to settle these with the supplier when the client makes funds available for their settlement.

If we were to include professional disbursements in the Firm’s payment statistics, and calculate the payment period from the date of invoice to the date the supplier received payment, then the payment statistics would be as follows: - Average time taken to pay invoices: 54 days - Invoices paid within 30 days: 47% - Invoices paid in 31 to 60 days: 26% - Invoices paid in 61 days or more: 27% Agreed payment terms for professional disbursements are that they are paid by us when paid by the client, and that we settle these promptly within two days in accordance with the rules set by the Solicitors Regulation Authority. Thus, professional disbursements are always paid within terms, and none will appear in the “Invoices due but not paid within terms” statistic.

Suppliers are contacted to notify them there is an issue with the invoice. The business representative who ordered the goods/services from the supplier then works to resolve with their contact at the supplier.