Our default billing model is hourly. Rates are set by reference to the seniority of the fee-earner and the complexity and nature of the matter. All rates are quoted in Euros or US Dollars. We do not bill in Russian Roubles on the English-language site; RUB billing is available for Russian-entity clients upon request.
Invoices are issued monthly, with payment terms of fourteen days. We do not require large up-front retainers. We require a modest initial payment to cover the first period of work, with the balance invoiced as the engagement proceeds.
Our cost base — as a regional firm based in Novosibirsk rather than Moscow — allows us to offer partner-level attention at rates that reflect our actual economics. A matter that a Moscow-based firm would staff with a senior associate under a senior partner would, at Vetrov & Partners, be led by a partner with a fee-earner in support. The economics are different, and we make no apology for that.