These standard terms and conditions apply to any legal advice and other services provided by Lassen Ricard, unless otherwise agreed with the client.
Lassen Ricard law firm is organised as a Danish limited liability company. All attorneys at Lassen Ricard have been admitted to practise law by the Danish Ministry of Justice and are registered with and members of the Danish Bar and Law Society.
All attorneys at Lassen Ricard are comprised by the Danish Bar and Law Society’s supervisory and disciplinary system and by the rules regarding best practice for attorneys, see s.126 of the Danish Administration of Justice Act. Also, the Danish Bar and Law Society’s Code of Conduct applies.
The rules that specifically apply to the exercise of the duties as an attorney can be found at the Danish Bar and Law Society’s website, www.advokatsamfundet.dk.
Lassen Ricard provides professional counselling based on the client’s specific needs for legal assistance. The scope of the assignment will be agreed with the client, and during the course of the assignment we will always act on the basis of, and in compliance with, the client's instructions, unless the instructions would violate applicable law or the rules regarding professional conduct for attorneys.
Prior to commencing a new case, we will ensure that there is no conflict of interest that precludes Lassen Ricard from representing the client.
In compliance with the Danish Bar and Law Society's rules, Lassen Ricard has an internal code of conduct setting out the procedures to be observed when assessing whether there is a conflict of interest.
However, subject to the prevailing rules on conflict of interest, providing legal advice and other services to a client does not prevent Lassen Ricard from advising other companies within the same line of business as that of the client.
At Lassen Ricard we work together in a manner that takes into consideration the client’s individual needs. Thus, Lassen Ricard does not have a rigid department structure but establishes flexible teams that are adjusted to every client and assignment.
One or more partners will be attached to the assignment as the client’s primary contact, and the partner(s) in charge of the case will decide whether to involve other attorneys and/or assistant attorneys.
Other persons may become involved, for example to clarify particular legal aspects of the assignment. Collaboration with others will, however, be subject to separate agreement with the client.
At Lassen Ricard the client is guaranteed complete confidentiality. All attorneys and other employees are subject to a duty of confidentiality regarding any information received from or about a client.
We attach great importance to treating any information received as confidential, including after completion of the assignment. The duty of confidentiality is, however, subject to applicable law and regulations that may require Lassen Ricard to provide information to public authorities or others, e.g. the Danish Act on Anti-Money Laundering and Terrorism Financing.
The calculation of a fee will be a specific assessment based on the time spent, the complexity of the assignment and the expertise used in connection with our assistance, whether the assignment has necessitated work under considerable time pressure, the interest that the assignment represents to the client, the results achieved, and the legal responsibility involved.
VAT will be added to the fee to the extent required under the Danish Act on Value Added Tax.
It can be difficult to provide an estimate of the fee prior to the assignment. However, on request we will inform the client of the basis for the calculation of the fee or give a reasoned fee estimate.
The fee does not include disbursements and other relevant expenses in connection with the services provided, including court fees and fees payable to official registers for transcripts, certificates or the like. The client will be charged separately for such disbursements.
All client funds are deposited in client accounts with our bank, where interest accrues at the interest rates offered by the bank at any given time. If funds are deposited in a separate, client-specific client account, the client will receive any accrued interest, and any negative interest will be deducted from the account by the bank. If client funds are deposited with Lassen Ricard's main client account, Lassen Ricard reserves the right to deduct any negative interest.
Lassen Ricard usually invoices on a quarterly basis.
Our terms of payment are 14 days from the invoice date and they are specified in the invoice. In case of late payment, interest may be added in accordance with the Danish Act on Interest.
In cases encompassed by the Danish Act on Measures to Prevent Money Laundering and Financing of Terrorism (the "Money Laundering Act"), we are obliged to conduct a client verification procedure. This may include obtaining information (especially identity information) about our clients from the clients themselves and from third parties, including, for example, public authorities, banks, etc. It is a condition for our work for the client that we receive sufficient information, and that the information does not lead us to conclude that our assistance would violate the Money Laundering Act or other applicable law.
Under the Money Laundering Act, we may be obliged to disclose information about our clients to public authorities if there is suspicion or reasonable cause to believe that transactions or activities conflict with the Act. We are also obliged to keep information of relevance in relation to the Money Laundering Act for 5 years after completion of our work for the client.
If the client pays amounts into our client account, the client accepts, in doing so, that we share the client's name and other identity information with our bank. We have to do so as, under the Money Laundering Act, Danish financial institutions must know where such amounts come from.
The client and Lassen Ricard may at any time terminate the assignment.
Termination by Lassen Ricard must be effected in accordance with the Danish Bar and Law Society’s Code of Conduct, stipulating that an attorney cannot resign from a case in such a way and under such circumstances that the client is precluded from seeking other legal assistance in due time and without adverse effects.
If the assignment is terminated before its expected completion, Lassen Ricard will be entitled to payment of fees and expenses for the period until such termination.
Lassen Ricard stores all documents and case files in an archive for five years from completion of the assignment, after which time they will be destroyed, unless otherwise explicitly agreed with the client.
Lassen Ricard is liable for damages in accordance with the general rules of Danish law for any loss that the client may suffer as a result of our services.
All attorneys at Lassen Ricard are covered by the firm's professional liability insurance and guarantee with the insurance company Tryg A/S. The insurance covers any legal practice carried out by Lassen Ricard, irrespective of where the practice is carried out.
The liability is limited to a maximum of DKK 40 million and does not cover operating losses or loss of time, profits, goodwill or any similar indirect losses.
At Lassen Ricard we place great emphasis on performing our services in accordance with the rules on professional conduct and the Danish Bar and Law Society’s Code of Conduct. It is, therefore, important for us to have an open dialogue and good communication with the client during the entire assignment in order to avoid misunderstandings.
In the event of disagreement with the advice given or the general handling of the case, the client may at any time contact the partner in charge to discuss the matter and to seek a solution to the disagreement through dialogue.
It is also possible for the client to file a complaint against our services or the fee charged with the Disciplinary Board of the Danish Bar and Law Society. Complaint guidance and forms are available at the Danish Bar and Law Society’s website: www.advokatnaevnet.dk.
Any dispute between the client and Lassen Ricard is subject to Danish law and the exclusive jurisdiction of the Danish courts.
Please state invoice number or reference number in connection with transfers.
Transfers from Denmark:
Reg.no. 4183 account no. 3102 056701
Transfers from abroad:
Frederiksberggade 1, 2, P.O. Box 2023
DK-1012 Copenhagen K
IBAN no. DK91 3000 3102 0567 01
Central Business Register no.:
16 72 56 41