Professional Fees & Engagement Terms Page

Introduction

At AKO KEFIE & CO LAW FIRM, our approach to professional fees is characterized by flexibility and a conscious dedication to delivering our clients' expectations at minimal cost. This page outlines our general approach to fees and the terms of engagement.

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How We Work

01

Fee Structure

Our professional fees are detailed in an engagement letter, which sets out the basis of our relationship and the scope of work. Fees are generally agreed upon for specific work streams. Initial payments are typically made upfront, with the balance due upon completion or before judgment, depending on the case. Our fees are exclusive of value-added tax or statutory fees. For work outside the initial scope, fresh fees will be agreed upon, either as a fixed fee or based on hourly rates. The firm considers the fee a full and final payment if the matter concludes at the trial court within twelve calendar months of accepting the instruction. If legal representation exceeds twelve months, a mutually acceptable upward review of additional fees may be requested.
02

Our Commitment & Client Obligations

We treat all client information as strictly confidential, using it solely for the purpose of providing legal services. Exceptions may apply, notably for professional indemnity insurers, auditors, or legal/regulatory requirements. We are committed to discharging our duties with utmost professionalism and a requisite sense of responsibility. Clients are obligated to provide timely, accurate, and non-misleading information and documents. We are not responsible for loss or damage arising from reliance on inaccurate information provided by the client.
03

Key Terms of Business

Our collaboration emphasizes a collaborative approach and timely communication of objective changes. We explain how the firm manages potential conflicts of interest, including safeguards such as separate advisory teams. We advise on the use of unencrypted email and associated risks. The firm has a policy of archiving files for at least five years and retains the right to keep copies. The firm retains intellectual property rights in its developed works and provided materials. Conditions for termination by either party and fee implications are briefly explained. Our contracts are governed by Cameroonian laws, with exclusive jurisdiction in Cameroonian courts.

We Serve the Best Work

Ans: Cameroon's OHADA framework governs 17 African states. Our expertise ensures faster entity setup (40% quicker than average) and enforceable cross-border contracts.

Ans: 4–6 weeks with our direct regulator access. Pre-submission reviews cut delays by 65%.

Ans: Yes for legal validity. We draft binding bilingual contracts to prevent nullification risks.

Ans: 85% success in OHADA/ICC arbitration, leveraging bilingual evidence and local enforcement strategies.

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    • Date
    • Place
      Akwa- Douala
    • Duration
      6 Months
    • Estimation
      Av. 2 Months