How Are My Legal Fees Determined?
All clients deserve to know at the outset of a matter as to how their attorneys will be compensated.
In the process of accepting your case, I will provide you with a retention letter. The retention letter provides the details of my representation, including the scope of the matter for which I am being retained, and how I will be compensated. The retention letter also addresses other matters, including the responsibility for paying costs that may be incurred.
My fees are typically determined based upon the nature of the representation undertaken. In some cases, I am compensated based upon the amount of time spent and my hourly rates. If this is the case, my hourly rates are set forth in the retention letter.
In other cases, my representation may be undertaken on what is known as a “contingency fee” basis. A contingency fee basis means that I am only compensated for my time if I am successful in recovering compensation for you, which may be either through a settlement or at trial.
The contingency fee is usually calculated as the greater of 1) our hourly rates or 2) a percentage of the fee recovered. In some cases, this percentage may be higher if a trial is required, as typically significantly more time is required when a case goes to trial than if compensation is obtained through a negotiated settlement.
There are some matters that I accept which are based upon other fee arrangements.
The foregoing is a summary of my fee practices, and are provided for informational purposes only. The fees and costs for your matter will be those set forth in your retention letter, and will be governed solely by such letter, and not by anything contained in this website. I invite you to ask me any questions that you may have about fees, costs, or any other aspects of my representation at any time.