On 20 May 2023, Law No. 49 of 21 April 2023 on “Provisions on fair compensation for professional services” entered into force. The ratio of this new Law is ensuring that professionals receive compensation commensurate with the value of their services and strengthening their protection in contractual relations with certain companies that are considered strong contractors due to their nature, size or turnover.
The Law establishes that “fair compensation” is to be understood as “the payment of a fee proportionate to the quantity and quality of the work performed, the content and characteristics of the professional service, as well as conforming to the fees set respectively” for (a) lawyers: by the Ministerial Decree issued in accordance with the forensic law (currently Ministerial Decree no. 55/2014 updated by Ministerial Decree no. 147/2022); (b) professionals registered with orders and colleges (e.g. surveyors): by the values currently established by Ministerial Decree no. 140/2012, to be updated; (c) professionals belonging to the non-regulated professions (such as, for example… Read more
