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The Firm maintains that the
best legal services are those that combine high quality and reasonable fees.
Accordingly, the Firm strives to provide a superior work product in a
cost-effective manner. The Firm does this by employing top-notch legal talent
and keeping its overhead low.
The Firm takes a practical
approach to working with its clients. The Firm always works with an engagement
letter in place to meet its ethical obligations and to ensure that the Firm’s
clients understand their rights and responsibilities with regard to the Firm’s
representation. For more information about a client’s rights and
responsibilities, the Firm invites you to review the
Statement of Client’s Rights and
Statement of Client’s Responsibilities, which every client of the Firm must
acknowledge that it has read and accepted the terms thereof prior to the Firm
commencing work on the client’s behalf.
The Firm is sensitive to the
financial issues individuals and companies face when they engage the services of
legal counsel. The Firm strives to keep its clients’ legal costs proportionate
to the benefits those clients receive through the representation.
Cost savings for the Firm’s
clients are accomplished in three important ways. First, attorney time and paralegal
time are typically billed in 0.10 increments, as opposed to 0.25 increments
utilized by some firms. The Firm’s time-accounting can result in marked savings
for clients.
Second, retainer fees, which
are generally required in order for the Firm to begin working on a client’s
behalf, are tailored to meet the client’s particular situation. The retainer fee
is set at an amount that is directly proportional to the volume of work that is
expected to be performed at the outset and can be adjusted up or down, depending
on the client’s matter. This approach avoids a disproportionate sum of money
being held in the client's escrow account, which an individual client could
otherwise be using for personal and household expenses and which a business
client could otherwise be using for normal business operations.
Third, and most importantly,
the Firm employs cost-sensitive billing techniques to assess the value to the
client of the particular project undertaken by the Firm before remitting a
billing statement to a client. All bills are carefully reviewed, and adjusted as
appropriate, by the billing attorney responsible for a client’s matter before
being sent to the client.
Flexible billing arrangements
may be made to accommodate clients in certain circumstances. Among the
types of flexible billing arrangements employed by the Firm are flat fees and
caps on fees, including for some types of corporate matters, especially where an
on-going relationship between the client and the Firm is anticipated. In addition, the Firm will, in limited circumstances, for
some types of litigation, work on a partial, or full, contingency basis.
Project Attorneys
working with the Firm on a client’s matter generally work within the same
billing parameters, unless otherwise agreed to by the client.
For information about the
Firm’s billing rates, or to learn more about the Firm’s billing policies, please
contact the Firm or any of the Firm’s
attorneys.
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