Flat fee arrangements are amazingly liberating. Most of my fellow litigators won’t take a case on a flat fee, either because they are concerned that they will grossly underestimate the time the case is going to take and end up with an effective hourly rate of $8.25, or simply because they think they’ll make more…
Category: Alternative Fee Arrangements
Chocolate-Covered Strawberries Restore My Faith in Humanity
No doubt much to the chagrin of my partner, I give away an obscene amount of free legal services. The thing is, I’ve been doing this so long that I have worked out easy solutions for many of the legal problems I get calls about. Most attorneys would no doubt bring the caller in and…
A New Way to (Possibly) Add to Your Bottom Line — Write A Bonus Into Your Fee Agreement
I had nothing to do with this case, but an attorney friend of mine alerted me to this very interesting issue arising from an attorney fee application. Here is the scenario. A party won a breach of contract action and was entitled to attorney fees under the contract in question. As you are no doubt…