How to Price Legal Services
This is FindLaw's Law Firm Management Center's collection of free articles on How to Price Services. Pricing legal services is a necessary part of running a law firm. Learn about the various ways to analyze and determine the price of your legal services, using market value, flat rates, contingency fees and other methods of valuation. Start your research with FindLaw.
Financing a Law Firm
How to Price Legal Services Articles
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Setting fees for legal services is obviously a major issue to consider, not only when establishing your practice, but throughout the life of your law firm. There are various ways to price your fees. Some methods require heavy calculations, while others simply require you to survey the market to help determine your fees. -
After calculating how much your small law practice needs to make a profit and your reasonable hourly rate, you are ready to consider the available pricing options. There are various ways to price your legal services. This article discusses hourly pricing. -
After calculating how much your small law practice needs to make a profit and your reasonable hourly rate, you are ready to consider the available pricing options. There are various ways to price your legal services. This article discusses contingency pricing. -
A law firm's practice of forgoing the recovery of printing and scanning expenses builds goodwill only if the clients understand the amounts involved. -
Another Dozen Law Firms Sign with Expense Management Leader -
Occasionally, a new or prospective client indicates a desire not to sign a formal contingent fee agreement. In most instances, there appears to be a concern that such an agreement somehow obligates the creditor or forwarder to an exclusive relationship, or at least one of a defined time period. -
Once you have found the "right lawyer," you will want a written fee agreement explaining what you want the lawyer to do, what the lawyer has promised to do for you, and what it is going to cost. -
Disputes regarding legal fees are usually not investigated by the state's disciplinary body. The cost of legal services is generally left to an agreement between the lawyer and the client. Often disputes occur because you and your lawyer have a different understanding about what the attorney fees will be in your case. Written fee agreements are strongly encouraged to avoid misunderstandings. GET A WRITTEN FEE AGREEMENT AND ASK FOR PROMPT BILLINGS. -
Fee Tips for Family Law Attorneys -
After calculating how much your small law practice needs to make a profit and your reasonable hourly rate, you are ready to consider the available pricing options. There are various ways to price your legal services. This article discusses fixed fee and retainer pricing.