Employment Law

As the Industrial Revolution swept America, Europe, and the rest of what is now known as the industrialized world, more and more people left their rural lives to live in cities and work in factories. As the number of such...

Family Law

A family law attorney  specializes in the family law relationships which encompass adoption, child custody, visitation rights, domestic violence, divorce, juvenile dependency, marital property rights, support obligations, and paternity. Family law is the name given to the branch of civil law...

Bankruptcy Law

A wide variety of circumstances can place virtually anyone in a precarious enough financial situation that may merit filing bankruptcy. Understandably, this can be a very scary thought for most individuals; however, there are a number of resources available to...

Blogs

Sunday, 18 April 2010 01:35

Lawyer Fees

Written by
Rate this item
(0 votes)

 

Before you sign any contract with an attorney it is very important to understand how they expect to be paid. Be aware that an attorney cannot always estimate exactly how much their services will cost you in the end. It can be difficult to know how much work is going to be involved in a case, or how long the lawsuit will go on. However, they can and should be able to give you an idea of the cost range and you can always request it be kept to a minimum. If you have any questions about your fee arrangement, or any trepidation about the cost, be sure to discuss this thoroughly with your attorney before signing a contract.

 

There are several types of fee arrangements that attorneys use. The type of fee an attorney charges will depend on the type of case you have and your ability to pay the attorney. The most common forms of billing include contingent fees, flat fees, hourly rates, and retainer fees.

Contingent Fees

A contingent fee is a percentage of the total judgment or settlement you receive should you win your case. If you cannot pay your attorney up front, or if the settlement or judgment you expect to receive is large, an attorney may agree to work for this type of fee. If the attorney fails to get you a judgment or settlement, you generally do not owe the attorney any money.

Flat Fee

A flat fee is an amount that the attorney and client agree upon before the attorney begins work on your case. The fee is based upon the amount of work the attorney expects to put into your case and is paid up front.

Hourly Fee

Attorneys may also charge you by the hour for the time they put into your case. These rates vary from attorney to attorney and depend upon the type of case being litigated. Usually a lawyer will be able to estimate the number of hours s/he will be spending on your case and can give you an estimate of what the total fee for your case will be.

Retainer Fee

A retainer fee is akin to a down payment on an attorney that guarantees s/he will be available to work on your case. This means that the lawyer may have to turn down other cases in order to be available for your case, and therefore may require more money from you. In this arrangement you may be billed separately for work on your case, or these fees may come out of the retainer itself. Since the arrangement varies, be sure to have your attorney explain it in detail.


allgoodlawyers.org

Read 920 times Last modified on Sunday, 18 April 2010 01:56
More in this category: Why Should Lawyers Blog? »
Login to post comments

Latest Lawyer Listings

  • Hasbrook & HasbrookHasbrook & HasbrookCategory: Personal InjuryDescription: The attorneys at Hasbrook & Hasbrook serve Oklahomans injured or wronged by the actions of others. As Oklahoma personal injury attorneys, we choose to represent people instead of corporations and insurance companies.Country:
  • Law Offices of Jason C. Matalas, P.C.Law Offices of Jason C. Matalas, P.C.Category: AttorneysDescription: "When Your Future Depends on it – You Need the Best. Expert Divorce and Family law representation dedicated to protecting your family, your assets and your future. Let’s get started. Call Us Now: (978) 304-2888" Country:
  • Atlanta Law ResolutionAtlanta Law ResolutionCategory: Tax LawDescription: People pay millions of dollars every year to " tax resolution" companies with little or no results. The are sucked in my constant stream of radio and TV ads and the high cost of many "Tax attorney". After helping people with debt problems for 30 years ...Country:
  • RIGHT LawyersRIGHT LawyersCategory: AttorneysDescription: Right Lawyers was started in 2004 by divorce attorney Stacy Rocheleau. She started the firm in an executive suite. Just Stacy, an office the size of a broom closet, a computer, and a few law books. 12 years later the firm has grown by adding four attorney ...Country:
  • Schneider HammersSchneider HammersCategory: Personal InjuryDescription: Schneider Hammers is an Atlanta personal injury law firm with over 40 years of collective experience. Clients do not pay unless the firm wins their case. Call today for a free injury review! 770-884-4626. Our practice is focused exclusively on helping ...Country:
  • Show more...

Personal Injury

Business Law

Divorce Lawyers

Criminal Defence

Recent Activities

Pinned Items
Recent Activities
  • patrickyancey
    patrickyancey unlocked the badge Newbie
    Newbie
    Being part of a community. To unlock this badge, you need to register on this site.
    Post is under moderation
    Stream item published successfully. Item will now be visible on your stream.
There are no activities here yet