Hourly billing - pricing model in legal services where the client is charged based on the number of hours the attorney or legal professional dedicates to a particular task or overall representation. The fee is calculated by multiplying the hourly rate agreed upon between the attorney and the client by the total number of hours spent on the legal matter., Flat-Fee - also known as fixed-fee billing, is a pricing structure in legal services where the client pays a predetermined, fixed amount for the entire scope of legal work, regardless of the time spent on the matter. This provides clients with cost predictability and clarity regarding the total expenses associated with their legal representation., Contingency - payment arrangement in which the attorney's fees are contingent upon the successful outcome of the legal matter. In this model, the attorney agrees to accept a percentage of the client's monetary recovery (settlement or court award) as their fee. If the case is unsuccessful, the attorney typically does not receive compensation, ensuring a shared risk between the client and the attorney., Retainer - involves the client paying an upfront, advance fee to secure the services of a legal professional or law firm. The amount is typically deposited into a dedicated account, and the attorney then bills against this retainer for the work performed. The attorney deducts their fees and expenses from the retainer as the legal services are provided, and the client may need to replenish the retainer as necessary to ensure ongoing representation.,

Billing Methods

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