Legal Profession Uniform Law: Costs Disclosure Form and Property Sale

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Added on  2022/08/19

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Practical Assignment
AI Summary
This assignment focuses on a legal costs disclosure form used in a property sale scenario. The document, formatted as per Legal Profession Uniform Law s 174(5) Schedule 1 Form 1, outlines the costs associated with legal services, including estimated fees, disbursements, and GST. The assignment includes client details (Charles John Dickenson), a description of the legal services provided (preparing documents, conducting meetings, and liaising with the landlord), and estimated costs. Additionally, the assignment brief provides a detailed table of steps for a purchaser in a property transaction, including file management, document preparation, and communication with the vendors and other legal professionals. The assignment includes a sample email from the purchaser, Malcolm Farmer, to his legal practitioner, along with a duties form and relevant property details. It covers the process of obtaining title, rate, and planning certificates, and managing the transaction from initial client instructions to settlement, highlighting key documents, and file note requirements. The provided materials allow students to practice practical legal skills, such as filling out forms and managing client communication and property transactions.
Document Page
Legal Profession Uniform Law s 174(5)
Schedule 1 Form 1 Standard costs disclosure form for clients – solicitors and other
law practices (except barristers)
The standard costs disclosure Form 1 can be used when your professional fee is not likely to be more than $3000 (before
adding GST and disbursements).
Date provided to client:
Law practice details
Name: Name of the Student Contact: Need to be filled by the student
Address: Need to be filled by the student Phone: Need to be filled by the student
Mobile
(Optional):
Need to be filled by the student
State/Territory: Need
to be
filled
by the
student
Postcode: Need to be
filled by the
student
Email
(Optional):
Need to be filled by the student
Client details
Name: Charles John Dickenson Phone:
Address: 33 Glendene Avenue, Kew,
3101
Mobile
(Optional):
Email
(Optional):State/Territory:
Victoria
Postcode: 3101
What we will do for you
Prepare necessary document for the sale.
Will conduct meeting for the client with the purchaser and purchasers lawyer regarding the sale.
Will be in touch with landlord.
How much we estimate you will need to pay
The basis for calculating costs
Estimated total cost of our legal services (excl. GST): $ Need
to be
filled by
the
student
Choose from menu
$ Need to be filled by the
student Further Details:
Example fixed rate $680.00 or
hourly rate $350.00*Click and
delete instruction to complete
electronically or print* Need to
be filled by the student
Estimated amount for disbursements (excl. GST): Need to
be filled
by the
student
Itemised disbursements (Optional)*Click and delete
instruction to complete electronically or print*
Need to
be filled
by the
student
Estimated total cost of barrister or other law practice
(excl. GST): Need to
be filled
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Document Page
by the
student
[Attach information from the second law practice]
GST: $
Estimated full amount you will need to pay(incl. GST): $
This is an estimate only. We will inform you if anything happens that significantly changes this estimate. If our
professional fee is likely to be more than $3000 (before GST and disbursements are added) we will provide you
with a full disclosure of costs in writing.
Your rights include to:
Ask for an explanation of this form Negotiate a costs agreement Negotiate the billing method (e.g. timing or
task)Request a written progress report of costs incurred Receive a written bill for work done Request an itemised bill
Contact your local regulatory authority.
Information sheets for consumers [PDF, 228KB]and legal practitioners [PDF, 253KB] explain this
form
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