Business Law. Contingency Fee A contingency fee provides for compensation to the attorney for his or her legal services based on a percentage of the recovery. Photo: Melissa Ramirez Modified Contingency Fee Another way of using the contingency fee arrangement is called the modified contingency. Hourly Fee The hourly rate that attorneys charge depends on a number of factors, including subject area of the case, years of experience of the attorney, complexity of the matter and general overhead of the attorney.
Flat Fee The remaining standard type of fee arrangement is the flat fee. Before the First Conference So what should a person planning to retain a lawyer do? Photo: David Di Biase Before meeting with the attorney, gather and organize as much data as you can. Try to develop a clear understanding of the issue s or matter s for which you are seeking legal advice. Organize the material; it saves time, and therefore reduces legal fees.
Well organized documentation also makes the attorney more inclined to provide a reduced contingency, hourly rate, or flat fee because the attorney senses that you may be able to assist in the case preparation and that the case may therefore present less difficulty. A chronological approach to the facts helps the attorney to understand what has happened. If possible, speak to someone who has retained an attorney in a similar matter, and find out what his or her thoughts were about the representation, the legal fees and costs.
Attorneys who receive referrals from other attorneys or clients usually do not want to embarrass their referral source. If it is an attorney who referred the case, the new counsel feels additional pressure to do well because it is possible that his or her work may be reviewed by the referring attorney.
Back to top. Share Facebook. Authors of the article. Author's profile. Jeffrey Schieberl, JD, has several years of senior management experience.
Schieberl has been a member of the Pepperdine University practitioner faculty for more than fifteen years. For further information go to www. His consulting practice provides his expertise to clients relative to a variety of issues.
More articles from Volume 8 Issue 1. Managing Resistance to Change Dr. The Link Between Price and Profit Margin in a Global Market In spite of fluctuations in the exchange rate of the dollar against foreign currencies, there are ways to hedge business exposure and uncertainty.
By William R. Smith, PhD and John K. By John G. Case costs are expenses on third parties — i. Attorney fees are straightforward: they are paid to the lawyer or law firm for the time of their staff. Usually this is based on an hourly fee. Sometimes lawyers agree to a fixed fee when the cases are cookie-cutter.
For example, drafting a will takes roughly the same amount of time and lawyers can re-use their templates. Some lawyers also take up cases based on a contingency fee , when they only get paid if they win a settlement for the client.
For civil cases , costs can range anywhere from a couple of hundred dollars in a case where no lawsuit is filed, to tens of thousand dollars for cases that must be brought before a jury. A Registrar of the Court will usually be involved in the calculation of this amount. Accessibility Links Skip to main navigation Skip to sub navigation Skip to main content. Search Field. Powers of a Registrar.
Email Updates Register to receive daily court lists by email soon after they are published. Judges' Speeches Including Welcome and Farewell ceremonies. What is a Notice to Produce? Standard postage costs are commonly charged to the client.
Courier fees. If documents must be delivered by courier, these fees are charged to the client. Expert or consultant fees. Your case may require the expertise of another professional to best advocate for your position.
In injury cases, these often include doctors, accident reconstructionists, and safety experts. Filing fees. Courts usually require a filing fee be paid prior to initiating a court procedure.
Court reporter costs.
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