Terms of business

LIND advokataktieselskab – Terms of business

  1. Scope
    The provisions of these terms of business apply to all assignments undertaken by LIND Advokataktieselskab (LIND), unless agreed otherwise in writing.
  2. Regulation – lawyers and casework

    The lawyers at LIND have all been appointed “advokat” (lawyer permitted to practise law) by the Ministry of Justice in Denmark and are members of the Danish Bar and Law Society.

    LIND undertakes its assignments with respect for the rules of the Danish Administration of Justice Act for and on lawyers, and for the code of conduct adopted by the Council of the Danish Bar and Law Society.

    LIND is subject to the Danish Act on Measures to Prevent Money Laundering, and collects and stores identity information on clients in accordance with the Act.

    All LIND employees, whether they work with legal matters or not, are bound by a duty of confidentiality and the ban on insider trading in the Danish Act on Securities Trading.

    On receipt of a potential assignment, LIND investigates whether there is any disqualification, conflict of interest or some other circumstance which prevents LIND from taking on the assignment.
  3. Fees and disbursements

    LIND’s fees are set on the basis of the time we have spent dealing with the case, the scope of the work, the difficulty and nature of the assignment, including whether specialist knowledge has been utilised, the value that the assignment concerns, the liability associated with the assignment, the importance of the assignment to the client and the result achieved.

    LIND is more than willing to provide a quote. If we have done so, we will inform you within a reasonable period of time if it appears that our fees are expected to be higher than the quote.

    LIND may – depending on the circumstances – request advance payment of fees, just as we may ask for payment to cover already incurred or future disbursements.

    Invoicing is generally done on a quarterly basis.
  4. Client funds

    Funds belonging to LIND’s clients are administered in line with the Danish Bar and Law Society’s rules on client accounts. Interest earned on funds in a client account accrues to the client in question in accordance with these rules.

    As per 1 July 2015 any client funds available on lawyers’ client accounts will no longer enjoy full coverage by the Guarantee Fund (in Danish: Indskydergarantifonden). Consequently, client funds available on lawyers’ client accounts will be subject to the same limitation, which applies to ordinary bank accounts. If a bank is subject to restructuring proceedings or is declared bankrupted, anyone having funds in the bank may risk loosing any amount exceeding € 100,000. The threshold of € 100,000 will apply to the total sum, which a client may have on his own account(s) in a bank, and for any amount, which a client may have through the use of lawyer’s client bank account.

    All of LIND’s client funds are deposited with BankNordik, Nordea Bank and Arbejdernes Landsbank.

    LIND assumes no liability for any losses of client funds resulting from the Guarantee Fund’s coverage limitation. 

  5. Complaints
    In case of dissatisfaction with LIND's advice or general treatment of the case, the client may at any time contact either the partner responsible, or our CEO.

    LIND is subject to the Code of Conduct laid down by the Danish Bar and Law Society. It is possible for the client to file a complaint about our services and the fee charged with the General Council of the Danish Bar and Law Society/the Disciplinary Board of the Danish Bar and Law Society. The Code of Conduct is available at www.advokatsamfundet.dk.  
  6. Liability for damages and insurance

    Any liability for damages incurred by LIND follows the general rules of Danish law.

    LIND’s liability in individual cases is, however, limited to DKK 50 million and LIND will not compensate losses such as operating losses, loss of goodwill, lost earnings and lost data.

    LIND has professional indemnity insurance for lawyers and lawyer guarantee insurance with the insurance company Codan Forsikring A/S.
  7. Copyright

    The written material that LIND prepares in connection with the execution of an assignment is part of the advice that LIND provides to the individual client. LIND retains all copyright and other intellectual property rights to this material.

  8. Governing law and place of jurisdiction

    Any dispute which is associated with LIND’s management of assignments for clients shall be dealt with under Danish law and in Danish courts.