Capped Fee


This case study shows how Lewis Holdway Lawyers assisted a mid-size organisation during its transition from a private venture to a publicly listed company. By understanding the legal procedures and cost schedules associated with this transition, we were able to offer our client a capped fee for the preparation of a company’s prospectus. This dramatically reduced our client’s anxiety as they were no longer worried about the possibility of shifting legal fees which can come into play when a prospectus is returned for amendment.


Our client sought to raise capital for a new mining venture. It was decided that an IPO (Initial Public Offer) was the preferred course of action. Publicly floating a business presents a number of cultural and structural adjustments for most companies. This is usually because the level of disclosure and completeness involved in the preparation of a prospectus is unfamiliar to them. As legal amendments to a company prospectus can be costly, our client was keen to minimise the risk of unforeseen expenditure by getting it right the first time. In order to manage cash flow we proposed a capped fee arrangement and used our extensive experience with corporate cultural change to manage the process cost effectively.


Lewis Holdway Lawyers were able to provide a capped fee for the production of the prospectus. Using our knowledge of necessary legal requirements, we implemented an outcome-focused action plan aimed at reducing the risk of unexpected legal expenses.


Lewis Holdway Lawyers were able to improve the speed and success of our client’s stock market prospectus. By using a capped fee approach we also managed to put our client’s mind at rest as they did not have to worry about unforeseen legal expenses. Using our industry expertise and foresight, we did the job right first time and there were no nasty surprises or shifting cost structures.

Talk to the Legal Experts Now

Lewis Holdway Lawyers

+613 9629 9629

+613 9629 9630

Level 2, 91 William Street, Melbourne, 3000

P.O. Box 138, Collins Street West, Victoria 8007

DX Mail: DX 650 Melbourne

Recent Articles

Laptop fingerprint scanner

Employers Beware: The Privacy Act and Employee Data

By Lewis Holdway | August 9, 2019

By Micaela Manning Did you know that the Privacy Act 1988 (Cth) could apply to personal information that you collect from your employees? At the start of their employment, you collect lots of information from your employees: contact details, their previous employment history, academic record, medical information, superannuation details and bank account details. Once they…

Read More
Protecting your name – legal names, business names, trade marks and domain names

Protecting Your Name – legal names, business names, trademarks and domain names

By Lewis Holdway | May 20, 2019

By Reshma Farrer   One of the most valuable assets for businesses is their name. It is how customers know who you are and whether they can trust you. However, often businesses have more than just one name – they could have their legal name, business name, trademark or domain name – and each of…

Read More