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Lawyer Fees and Fee Agreements
Lawyer that knows the subject matter of your legal problem inside and out will charge fairly, treats you with respect and willing to communicate with you;
The Factors:
- Lawyers overhead;
- Lawyers reputation;
- The type of Legal Problem of respected Case;
- Comparing with other lawyer charges, cheapest?A novice who charges $100 an hour may end up costing more than an expert who charges $225 an hour if the more expensive lawyer has much greater expertise and experience and provides better and more efficient service. If the case calls for a seasoned practitioner, the cheapest fee might lead you to an expensive disaster;
- A contingency fee can be a bad idea. A lawyer who offers to take your case on a contingency fee -- in which he or she gets paid only if you win -- isn't necessarily proposing a good deal. If it's clear that you or your property were seriously injured and another person who is covered by insurance was at fault, the attorney may be proposing to take a hefty cut (usually 33% to 40%) of a sure thing. This is especially true if the attorney figures he or she can settle the case by making a few phone calls. Keep in mind that, from your point of view, a contingency fee can be a good deal when the attorney is taking a big risk but it can be a big rip-off when little risk is involved
Fee Agreement:
- Hourly basis vs. Lump sum basis
- Negotiable fee