Our lawyers represent a variety of clients and the fee structure varies depending on each case. We want our prospective clients to fully understand their options when retaining us. Accordingly, to help put you in a position to do that, we have prepared the following explanation of the types of fee agreements we regularly use.
Hourly fees – when we handle business law matters and domestic cases we usually take these cases on an hourly basis. The hourly rates for our attorneys range between $425/hour to $225/hour. We typically require clients to pay a trust deposit on the front end to help secure our fee. This trust deposit is more commonly referred to as a retainer. If there is a surplus of money left over in your trust account when our representation ends then we write you a check in that amount. On the other hand, some cases require additional trust deposits to be made by the client during the course of our representation.
Contingency fees – when we take on a personal injury client we do so on a contingency fee basis. This means that you do not owe us anything up front. You are not billed by the hour. The fee you pay us is paid out of any recovery made in the case. Our contingency fee structure is often also applied to complex commercial litigation, business litigation, and equitable distribution cases. Out typical contingency fee is one third of the recovery but every case is different and that amount might change depending on the allegations in the case.
Flat fees – a flat fee is another type of fee we utilize. Flat fees are earned upon receipt and in certain situations they can help clients know their legal costs up front.
Minimum fees – a minimum arrangement allows clients to have a fixed, and typically reduced, cost for a certain period of time based on the complexity of the case. If the matter is not resolved within that time, a normal hourly rate begins. This fee arrangement allows for a great deal of price certainty while still having flexibility for unforeseen circumstances.
Subscription plans – a monthly subscription fee model perfect for small business owners who are trying to level their legal costs. This fee allows clients to purchase hours on a regular basis and roll those hours over for a period of time.
Hybrid fee – a hybrid fee is a legal fee that combines elements of the above structures. For example, some clients might prefer to pay a flat fee and a reduced contingency fee. Or, some clients might prefer to pay a reduced hourly for our attorneys in exchange for including a contingency matter.