Alternative Fee Arrangements

LITIGATION

 Phased Flat Fee

Your matter is separated into distinct phases such as Pleadings, Investigation, Written Discovery, Depositions, Dispositive Motions, Trial Preparation, Trial, and Appeal, and you pay counsel a single flat fee for each phase of the case.  50% of the phase fee is due at the start of each case phase, and the balance is payable at the agreed upon conclusion of each phase. Reporting and consultation are included in your flat fee payment.  You may elect to exclude certain tasks or entire phases to remain payable on an hourly basis.

Monthly Fee With Cap

 Rather than pay counsel hourly, you pay a fixed fee each month for representation in your matter, with an overall cap, stated either in terms of a total fee, or a case duration. Reporting and consultation are included in your flat fee payment.  Trial Preparation and Trial are not included in the Monthly Fee Plan, and  can be paid either on an agreed upon hourly rate or a separate flat fee.

Hourly Rate With Value Adjustment

Under this arrangement, your matter is handled pursuant to a traditional hourly rate agreement. You are entitled, however, to add or subtract up to 20% of any invoice amount to reflect your opinion as to the value of the service you have received from us.

Hourly Rate with Hold Back

Under this fee alternative, your matter is handled pursuant to a traditional hourly rate agreement. 10-15% of each  invoice is “held back” or deferred, and is payable at the conclusion of the case, based upon achievement of a range of agreed – upon case objectives which can be discussed and modified as the case matures.

Hourly Rate with Single Cap Or Phased Fee Caps

Under this alternative, matters are billed using the traditional hourly method.   However, we agree on  a single cap for the entire case (excluding trial preparation and trial)  or caps for the total costs of each phase of the litigation.  Once the cap is reached, your representation continues at no further cost to you.

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NON – LITIGATION

Flat Fee Coverage or Legal Opinion

 Under this fee alternative, we provide a written legal opinion on any matter in or outside of litigation for one low, fixed fee, payable either at commencement or 50% at commencement and 50% at conclusion. The fee covers all review, research and preparation of the formal legal opinion.   A separate flat fee is charged for each legal issue upon which opinion is requested.

Flat Fee Claims File and Bad Faith Reviews

Oftentimes, massive litigation costs can be saved by prevention of a problem before it occurs, or management of a problem while in its infancy. Under this fee alternative, you can obtain written and/or verbal feedback and opinion from our lawyers as to issues presented in a problem claims file or case for a single flat fee, which includes review, interviews, research, analysis and preparation of opinion and feedback in a form of the client’s choosing. The fee is payable either at commencement or 50% at commencement and 50% at conclusion.

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