Introduction and Trends
Field of  Practice
Working Mode
Newsletter on Laws, Finance, and Taxation
Legal Content Knowledge and  Theses
Consulting and Feedback
Talent  Pecruitment Plan
Clients Strategic Partners and Linkage
””
homepage    

””

Contact | Charges | Operation | Final Phase | Chart of Work Procedure
Long-term Legal Counsel Relationship | Charge Standard & Collection

  • Charge Standard & Collection
    Principles | Standards of Charges | Billing Policy | Account

    Billing Policy

    Actual case expenses and costs (e.g. accommodation, meals, fare, investigation expenses, documentation charges, communication costs, governmental charges, and allowance) shall be borne by the client.

    • A billed service hour refers to an "effective work hour", based on hours spent actually engaged in casework, in accordance with accepted professional standard.

    • In case of being specially required by a client to provide out-door service, the actual traffic hours shall be included in "effective work hours".

    • In case of being specially required by a client to work overtime or provide an instant service, YISHI retains the right to add an additional 30% urgency fee charge.

    • In case of being specially required by a client to arrange several of YISHI's staff doing effective work simultaneously, YISHI may charge a collective fee for the service hours of each of the staff.

    • For payment from clients in Chinese territory, we collect RMB through our RMB bank account; For payment from clients out of China, we collect USD through our USD bank account.

    • Payables of clients in Chinese territory shall be disbursed to our bank account within 15 days; Payables of clients out of China shall be disbursed to our bank account within 30 days.

    • In the event that we must exchange currency, we adopt the middle market spot rate publicized by the People's Bank of China and provided by the State Foreign Exchange Administration Bureau.