HOW MUCH DO LAWYERS COST?
Sometimes, an attorney may charge a “contingent fee.” In such cases, primarily personal injury lawsuits, the attorney agrees to be paid a particular percentage (usually 33.3%) of any ultimate recovery. In such cases, the client remains responsible for costs of the case such as filing fees, expert fees, etc. In these types of cases, the contingent fee must be documented by a written contingent fee agreement.
Attorneys and law firms are a business like any other. Generally, at Lawler Brown Law Firm the attorney will be the work at a certain dollar amount per hour. The amount charged “per hour” will be discussed by the attorney before any work is done on your case. Every month you should receive a bill from your attorney showing what was done on your issue or case and the time the attorney has spent on it.
Attorneys may also charge a “flat fee” for particular work. Such work might include drafting a will or attending a real estate closing. These types of fees are usually charged for work that an attorney believes will not require extensive research or time.
Lawler Brown may ask for a “retainer fee.” A retainer fee is really nothing more than paying legal fees in advance. A retainer fee is an amount of money that you will be required to pay at the beginning of the representation that the attorney will put in a trust account. You will still receive monthly bills, but as work is performed on your case the bill will be paid out of the money held in the trust account. If more time is spent on your case than you have paid as a retainer fee, the attorney may ask for additional fees or may just bill you on a monthly basis. If your case concludes (or you decide for whatever reason you don’t want to proceed) any money in the trust that has not been used to pay fees will be returned to you.