About 50% of our clients hire us on an hourly fee basis. An hourly fee agreement is a contract between a client and the law firm wherein attorneys and para-professionals charge the client by the hour for legal services.
Read MoreA contingent fee agreement is contract between the client and law firm in which the client’s requirement to pay the law firm an attorney fee is contingent on the law firm recovering a settlement or judgment for the client. The client is not required to pay for the law firm’s legal services unless the law firm is successful in recovering money for the client.
Read MoreThere are various types of hybrid fee agreements. An hourly rate plus contingent fee agreement – the type of hybrid agreement that we most often use – is a fee agreement in which we agree to accept a lower hourly rate than we would normally charge, but also take a percentage of any recovery as our contingent fee if we are successful.
Read MoreA fixed fee agreement is an agreement where the client pays a fixed fee for the legal representation, regardless of the time the attorneys and staff put into the matter. Fixed fee agreements are often used for finite legal tasks or in criminal defense representations, but can also be used in many different types of matters, such as more simple transactional matters, a simple breach of contract case, or a foreclosure proceeding. The client often is required to pay litigation costs in addition to the fixed fee.
Read MoreA flat fee agreement is an agreement where the client pays a monthly flat fee for the legal representation regardless of the time the law firm puts into the case during the month. Flat fee agreements can work well in a major case in which a team of attorneys and paralegals will be spending substantial time on the case each month, or where there are a series of similar major cases.
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