Private lending lawyer fee charging standards

If the standard of lawyer fees for private lending does not involve property relations, piece-rate fees will be implemented, with each case charging RMB 1,000-10,000. If it is related to property relations, it will be charged in proportion to the subject amount, specifically in accordance with the following proportions. Less than 50,000 yuan (excluding the original amount) 1,000-3,000 yuan. 6%-5% from RMB 50,000 to RMB 500,000. 5%-4% from RMB 500,000 to RMB 1,000,000. 4%-3% between 1 million yuan and 5 million yuan. 3%-2% between 5 million yuan and 1 million yuan. 2%-1% above 1,000,000 yuan. The place of performance of the contract. If the borrower and the lender do not agree on the place of performance of the contract or the agreement is unclear, and no supplementary agreement is reached afterwards, and it still cannot be determined based on the relevant provisions of the contract or trading practices, the place of performance of the contract shall be the location of the payee. There are two situations in the so-called "location of the payee" in private lending disputes: one is the location of the lender, and the other is the location of the borrower. That is to say, when the two parties dispute whether to lend the loan involved, the location of the borrower shall be the place where the contract is performed; when the two parties dispute whether to return or pay the loan involved and interest, the location of the lender shall be the place where the contract is performed.

The legal fee charging standards for private lending lawyers are not uniformly stipulated by the state. I need to go to a law firm for consultation. What are the main factors considered in attorney fees?

1. The working time spent;

2. The difficulty of the legal affairs;

3. The number of lawyers and the professional abilities of the lawyers required to handle the legal affairs ;

4. The client’s affordability and local social and economic development;

5. The risks and responsibilities that the lawyer may bear;

According to different services Content, lawyer service fees can be charged on a per-case basis, in proportion to the bid amount, and on a per-time basis.

To sum up, according to the relevant provisions of our country’s laws and regulations, the cost of hiring a lawyer for private lending is 1,500 yuan. In addition, other different types of cases have different charging standards. For example, administrative cases are 2,000 yuan, criminal cases are 3,000 yuan, and arbitration cases are 3,000 yuan.

Legal basis: "Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases" Article 26 If the lender requests the borrower to pay interest according to the interest rate agreed in the contract, the People's Court shall support it , except that the interest rate agreed upon by both parties exceeds four times the one-year loan market price at the time the contract is established. The "one-year loan market price" referred to in the preceding paragraph refers to the one-year loan market price published monthly by the National Interbank Funding Center authorized by the People's Bank of China since August 20, 2019.