Information about legal fees and litigation cost management.
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Tips & Advice to help you make your decision on Legal Fees and Billing
Perhaps you decided to become an attorney in order to pursue truth and justice or because you wanted to be able to help disadvantaged people get fair treatment from the law. Regardless of your reasons, you must know that practicing law is a business–and, because of that, you need to think about legal fees and billing. After all, you need to make a living working at your profession, no matter how noble your goals.
You can bill clients in a few different ways. Typical payment arrangements include hourly rates, flat fees, and contingency fees. In most cases, hourly rates are used. A retainer, which is money paid against future fees and costs, is often collected in cases where ... more
