Unless otherwise agreed with the client in writing, all our Service Invoices, Statements of Account, and invoices or billings under any heading are immediately due and payable.

Payments may be made to the accounts and in the currency directly informed by the Firm to the client. If payment is made electronically, please inform us of remittance details so that we can more promptly confirm receipt.

As a registered Professional Partnership, pursuant to BIR Ruling No 122-79, our service fees are not subject to any withholding tax.

The terms and conditions for billing and payment are governed primarily by our contract with the client. Conditions or requirements unilaterally imposed upon the Firm, e.g. by billing service providers, without our consent are not binding upon us.

Republic Act No. 11976 (the “Ease of Paying Taxes Act” or “EOPT”), allows for outstanding bills to be classified as “uncollected receivables” for purposes of the EOPT. Classification of an unpaid service invoice, statement of account or other bill for legal services (an “Invoice”) as an “uncollected receivable” has no adverse effect on the Firm’s right to immediately demand, claim, collect and receive payment under each such Invoice, in accordance with the applicable rules for professional practice.

An unpaid Invoice shall automatically be considered as an “uncollectable receivable” in the following instances:

1. Unless otherwise agreed upon with the client, the Invoice is not paid within 75 days after the same is sent to the payee/addressee thereof.
2. The Invoice is not paid within 30 days after the same is sent to the client, and the same client or group of clients has other uncollected receivables in a total amount at least equal to the amount of the Invoice.
3. In the case of Invoices pertaining to retainer agreements and other arrangements involving periodic payments (e.g. monthly, quarterly or otherwise), the Invoice is not paid withing 60 days after the same is sent to the payee.
4. The client challenges the Invoice or repudiates the same, or demands a discount of more than 40% of the total service fee in the Invoice, or admits it is unable to pay the Invoice.
5. The client becomes insolvent or is the subject of proceedings for bankruptcy, dissolution, corporate rehabilitation, receivership or administration, debt restructuring, or any other event or proceeding analogous to any of the foregoing, or is otherwise clearly unable to pay the Invoice.