Fees and retainers

Scope first.Fees in writing.

Legal fees should reflect the work required, the value and complexity of the matter, the evidence available and the form of retainer agreed upon. The terms are confirmed in writing before the firm begins acting.

Scope · Risk · Evidence · Value
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Possible retainer structures

The arrangement should fit the file.

Not every structure is available or appropriate for every matter. The firm determines the retainer after reviewing the legal issue, evidence, expected work, recovery prospects and professional obligations.

01 / TIME
Hourly retainer

Fees are based on the time required to provide advice, prepare materials, negotiate, attend examinations, mediate or appear in court.

  • Written scope and rates
  • Retainer funds may be required
  • Disbursements and taxes are separate
  • Updates where scope materially changes
02 / DEFINED WORK
Flat or staged fee

Some defined services may be suitable for a fixed or staged amount where the required work and assumptions can be described clearly.

  • Specific deliverable or phase
  • Assumptions stated in writing
  • Changes may require a revised scope
  • Not suitable for every contested matter
03 / OUTCOME
Contingency arrangement

Some claims may be considered for a contingency retainer, subject to legal requirements, written disclosure and an assessment of risk and recovery.

  • Availability assessed case by case
  • Percentage disclosed in writing
  • Disbursements addressed separately
  • No result can be guaranteed
What affects cost

The legal issue is only one variable.

01

Volume and quality of evidence

Organized records can reduce review time. Missing, conflicting or extensive evidence can increase it.

02

Urgency and procedural stage

An early assessment differs from responding to an imminent motion, trial date or limitation concern.

03

Number of parties and issues

Multiple parties, experts, witnesses, properties or agreements usually increase preparation and coordination.

04

Opposing position and settlement prospects

Costs depend partly on whether information is exchanged and reasonable settlement discussions are possible.

05

Remedy and financial stakes

The procedure should be proportionate to the amount, property, relationship or legal right at stake.

06

Client decisions and objectives

Clear instructions and realistic priorities help counsel select the most efficient route through the matter.

Before work begins

What the retainer should make clear.

SCOPE

What the firm is retained to do

The legal services included, important assumptions and any work that is outside the initial engagement.

RESPONSIBILITY

Who is responsible for decisions and information

The lawyer provides advice and advocacy; the client provides accurate information and makes informed instructions.

BILLING

How fees, disbursements and taxes are handled

The basis of the fee, billing frequency, required retainers and responsibility for external costs.

A responsible estimate starts with scope

Start with the scope.

Once the matter is understood, the appropriate retainer and billing structure can be discussed.

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