How Lawyers determine their fee
Jun 07, 2023
DETERMINATION OF FEES
Lawyers base their fees on different facts, including the difficulty of a particular legal task, the amount of time involved, the experience and skill of the lawyer in the particular area of law and the lawyer’s cost of doing business. The cost of doing business, referred to as overhead, usually includes rent, equipment, salaries and the cost of maintaining the lawyer’s level of professional skills and education. A lawyer’s overhead normally is 35 percent to 50 percent of the legal fees charged.
FIXED FEES OR FLAT FEES
For frequently performed services such as drafting an uncomplicated will or assisting with an uncomplicated real estate transaction, many lawyers may charge a fixed fee that can be readily quoted to you. The lawyer’s fee may be set to average out all costs for such uncomplicated services handled by the attorney. Flat fees are also often charged in immigration and criminal law cases.
You must give written consent that you agree to be charged, if any part of the fee is not refundable. Nonrefundable fees and retainers are earned by the lawyer on their receipt and are not held in a trust account. My fees are Flat and I offer payment plans. My attorneys’ fee is earned upon payment and nonrefundable.