The Attorney’s Billable Hour.
The Billable Hour Law firms have different methods of charging for their services. Some may offer flat fees, some rely on contingent fees where they are only compensated for their work if they win, but the most common way law firms charge is by the billable hour. What is universal among law firms though, is a fee agreement outlining the terms of their retention. As a client it is important to understand the fee agreement and understand your financial obligations under that agreement when retaining an attorney. Fee agreements usually outline billing practices of each firm and break down the Continue Reading…
