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LAW FIRM POLICIES ON FEES & COSTS
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The Firm's goal is to charge a reasonable fee for the services rendered
and results obtained for our clients.
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Factors we take into consideration in arriving at a reasonable fee are
the time and skill required; the novelty and difficulty of the matter;
the amount, risk and time constraints involved; out experience and
ability; and, finally, the result obtained and its value to our client.
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Our fees are discussed and agreed upon at the time we are engaged and
clients can feel free to inquire about fees any time.
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Fee arrangements will fall into three catagories: (a) Hourly Rate; (b)
Contingent Fee; and (c) Fixed Fee.
Hourly Rate Fee:
The individual attorneys bill at their respective hourly rate with
legal assistants billing substantially reduced rate. If possible,
we will provide an estimate of the total fee.
Contingent Fee:
Fees will be billed on a contingent basis at an agreed upon percentage
of the dollars received or dollars saved for the client. It may be
modified with a fixed minimum fee to be paid regardless of the outcome.
All contingent fee arrangements will be in writing and agreed to in
advance with the client.
Fixed Fee:
A fixed fee is a standard set fee billed for performance of a specific
task for our client.
Retainer Fee:
A client may be asked to pay a retainer fee in advance which will be
applied as services are provided or held as security for payment of
the final bill.
Costs:
Costs incurred on a client's behalf consist of out-of-pocket costs,
such as filing fees, deposition and expert fees, long distance
telephone, copies, travel, and room and board out of the office.
Costs are in addition to attorney's fees and are to paid when billed.
Legal Assistants:
Services of certified legal assistants whose hourly rate is
approximately one-third of that Firm attorneys will be used whenever
appropriate.
Payment Terms:
Fees and costs are regularly billed monthly. Payment will be due
within thirty (30) days and may bear a late payment finance charge
of 1½% per month (18% annual). Failure to timely pay fees and costs
may terminate further services.
Review of Bills:
The Firm cherishes the continued goodwill of every client and
encourages any client who has questions concerning a bill for fees
and costs to review it with a member of the Firm.
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