Luxemburger Wort, Luxembourg's leading German-language daily, has reported on Leroy & Goldbach under the headline «Fixpreis statt Stundenzettel: Diese Kanzlei rechnet mit KI» — fixed price instead of timesheets: this law firm counts on AI.

The article takes up a question the fund industry has been asking for some time: why legal fees remain unpredictable when every other service provider in a Luxembourg fund set-up — administrators, depositaries, auditors — has priced its services on a fixed-fee basis for years.

Our answer is a true fixed fee. Every mandate is scoped and priced before the work begins and holds regardless of the hours required. What is agreed is what is charged, including the questions clients ask along the way.

Technology is what makes this possible — it does not replace our lawyers. Routine production such as document drafting and due diligence support runs on Harvey, the legal AI platform also used by A&O Shearman and other leading international law firms, and is not billed to clients. A qualified lawyer directs every agent and validates every output before it leaves the firm, while senior partner time is concentrated where it determines the outcome: structuring, negotiation and strategy.

And the partner you meet is the partner who runs your file, your single point of contact throughout.

Our thanks to journalist Aaron Grunwald and the editorial team at Luxemburger Wort for the coverage.