Friday, May 19, 2017

Are There Different Types of Legal Fee Agreements?

Yes. “There are a variety of different methods through which a lawyer might charge for legal services, and usually the type of case dictates the type of fee agreement.” research.lawyers.com. Lawyer fees are generally either flat, retainer, or contingency.
  • Flat Fees: Seen when litigation is not involved, provides a set price, often used with document production or review cases. “Some lawyers feel that a flat fee arrangement lets everyone relax and makes for a better attorney-client relationship. You won’t feel reluctant to call or email with a question, and the lawyer can take the time necessary to listen to your concerns and explain things to you without feeling like the meter is running.” nolo.com.
  • Retainer Fees: Used in litigation cases, acts as a deposit, billed against by attorney at an hourly rate, total fees can vary. “The money is placed in an account separate from his operating account, and he bills his time against it as the case progresses.” thebalance.com.
  • Contingency Fees: Used in litigation cases, often in Plaintiff's cases, not used in family law cases, total fees can vary. “The lawyer's fee is based on a percentage of the amount awarded in the case. If you lose the case, the lawyer does not get a fee, but you will still have to pay expenses.” hirealawyer.findlaw.com.

The Law Office of Christine M Bechtold, LLC offers all of the above fee agreements depending on your case and legal needs. See website for flat fee pricing and hourly rate. bechtold-law.com.

“At the outset of your case -- and certainly before you officially hire your lawyer -- you need to understand how the attorney will be paid, and get a ballpark estimate of the total cost of the attorney's services and related expenses.” research.lawyers.com. Be sure to get your fee arrangement in writing from your attorney before you enter into any attorney-client relationship.

The Law Office of Christine M Bechtold, LLC offers free initial consultations for all new clients. Contact me directly to schedule your consultation and discuss which legal fee agreement is best for you: 770-466-2700, Christine@Bechtold-Law.com.

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