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Price fairness

01

The European Fee Council

The European Fee Council is the umbrella organisation in Europe for price transparency in the field of professional advice (lawyers, auditors, tax consultants etc.). It is the European Fee Council’s endeavour to sustainably create transparency, predictability and fairness in the practice of legal work with regard to fees and billing.
Clear and certain budgets and costs create and support trust. Trust is the core and basis of the special relationship between consultant and client.

02

Codex Committee

The European Fee Council has convened the German Fee Council (Deutscher Vergütungsrat) and has supported its foundation and still accompanied its further development in organizational terms. 

03

Europe-wide

The European Fee Council will convene further fee councils in the countries of the European Union.

04

Establish

Under the premise of the Fee Codex, the European Fee Council will establish a new appreciation of trust and negotiation. Together with hundreds of companies, law firms, tax consultants, and numerous other members, the EFC will further develop new processes to promote transparency and best practices for fee policies.

How it Works

The Approach

To demonstrate the observance of the Fee Codex, professionals are invited to have themselves certified as „compliant with the Codex“.

The Basis

Fee Codex

The relevant Fee Codex – for each member state in the European Union an individual Codex – will contain principles, ethics and best practice examples and processes in order to provide pricing transparency, sustainability and fairness for all market participants in the relevant member state.

Certification

the fee seal

In many markets, professionals may not advertise their services; this for good reason. But, in principle, showing the Fee Seal would be appropriate information of the client in most of the regions.
Certification has three major aspects: (i) giving compliant professionals the opportunity to easily show their compliance with the Fee Codex by showing the Fee Seal after being certificated by the European Fee Council for the relevant region and (ii) providing the European Fee Council an adequate level of control in terms of non-compliance or misuse of the Fee Seal as well as (iii) protecting professionals during fee disputes against allegations regarding lack of transparency in pricing and/or invoicing. 

Development

Growing Conditions

Growing Conditions
Currently, the Fee Seal will be shown in a basis certification process. In the near future, the Fee Seal will be divided in different categories of transparency (such as stock market segments already do).

Contact

Get In Touch

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European Fee Council

The European Fee Council is the umbrella organisation in Europe for price transparency in the field of professional advice (lawyers, auditors, tax consultants etc.).