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In accordance with our engagement terms, Thomas Westcott’s Standard Terms of Business have been amended as below. Version 4 of the revised Standard Terms of Business are effective from 15 January 2018.

Any work instructed after notification of the changes will be treated as carried out under the revised standard Terms of Business. For the full version of the revised standard Terms of Business click here.

Changes to Thomas Westcott Standard Terms of Business Version 3 effective from 1 December 2016

 

Clause

Alteration type

Subject

2.17

Addition

Terms relating to charges under a contingent fee basis 

13.1

Addition

Allows alternative liability limitation provisions to be set out within the engagement letter

13.2-13.4

Note number changes

Previously 13.1-13.3

 

 

Section

Alteration type

Subject

12

Alteration

Update to refer to the Money Laundering Regulations 2017 replacing the Money Laundering Regulations 2007