My wife and I regretfully engaged Knights plc, a law firm recommended by our financial advisors, to prepare our Wills, Lasting Powers of Attorney, and Letters of Wishes. Our journey began with an introductory meeting, presented under the guise of marketing, with one of their partners. This session, filled with trivial banter and self-praise, was never disclosed to be billable. We were never made aware that an introductory meeting would be chargeable. Naively, we proceeded, not yet formally committed to their services.
Persuaded by their initial pitch, we chose to proceed with their services, faced with a choice between a fixed fee of approximately £4,000 plus VAT or billing based on time spent. The latter was recommended as the most cost-effective approach, a suggestion we took at face value.
The ensuing process was riddled with inefficiencies, notably the unnecessary review of documents, inevitably racking up additional billable hours. This inefficiency culminated in a staggering intermediate bill which breached the initial estimated costs, with completion costs alone amounting to an additional £3,400 (inclusive of VAT). A competing firm has subsequently completed the same work for less than £1,000, highlighting the egregious overcharge by Knights plc.
Shockingly, our bill included around £1,000 for the supposed 'non-chargeable' introductory meeting. When challenged, Joanna Farrow, the overseeing partner, defended this by claiming legal advice was provided during this session. This justification not only contradicted our initial understanding but also showcased the firm's deceitful practices. In addition to this the firm tried to charge us £150 for reviewing and sending us our own timesheet of costs, after we questioned this, they agreed to write this off as a sign of goodwill!
Given our experience, we strongly discourage anyone from engaging with Knights plc for Will preparation or similar legal needs. Should you consider their services, insist on written confirmation against introductory meeting charges and opt for a fixed fee arrangement (if you are happy with the quote). Their conduct, in our view, borders on the exploitative, aiming to extract unwarranted fees from unsuspecting clients.
Driven by our experience, we are compelled to warn others through this review. Furthermore, we are reporting Knights plc to the Solicitors Regulation Authority and the Law Society, to make them aware of their practices.