Billing & Fees
For many clients the cost of legal fees can be overwhelming and quite often it is difficult to provide clients with a precise estimate of legal fees and costs before undertaking their case. This is particularly true if the case involves litigation.
In response to this problem, we offer the following three approaches to legal fees, depending on the nature of the case:
FIXED FEES
We provide most transactional services, i.e, corporate formation, Trademark and Copyright applications, contract drafting and review, etc. on a fixed-fee basis. Additionally, we are willing to negotiate a fixed fee for other discrete work where time can be readily estimated. This arrangement requires a 50% deposit at the time of entering the Legal Services Agreement, with the balance paid at the completion of the project.
HOURLY BILLING
We bill for most other legal services on an hourly basis, plus reasonable expenses and costs incurred. This arrangement typically requires an initial deposit (retainer) that is placed in a trust account and is drawn upon as work progresses. Clients receive monthly invoices that itemize all work performed during the month and credits any deposits or payments made against the remaining balance.
CONTINGENCY BILLING
In certain limited cases, we will consider representing a client on a contingency fee basis. In a contingency arrangement, the client does not pay for legal services until and unless the case is resolved in the client's favor and the attorney obtains a settlement or judgment on the client's behalf. This type of billing arrangement is usually limited to debt collection matters.