Just as good fences make good neighbors, good fee agreements make for harmonious attorney-client relationships. But what makes a good fee agreement? A good fee agreement will cover a number of topics: First, who is the client? Who is paying the bills? Who can make decisions? Is your client the business or its owner? Next, what’s included in your scope of representation–and what’s not. Indicate your hourly rate, out-of-pockets, and billing terms - and note any billing caps. For new clients, consider an upfront retainer that will cover a couple of month’s fees. If disputes arise, how will they be resolved? How can the relationship be terminated? You may have to wait for your client to understand and sign your agreement, but it’s worth it. And while a well drafted fee agreement is important, managing the client relationship is equally crucial. Poor communication–as much as poor lawyering–is a leading cause of malpractice suits. So continue to communicate regularly and actively on all client matters. . . because—if your client knows what you’re doing and why—they’re less likely to object to your actions and bills. The essence of both good fences and good fee agreements is definition. Clearly defining the details and boundaries of representation at the beginning sets the stage for a harmonious attorney-client relationship. You can find out more about fee agreements on the Law Firm Business Center at FindLaw.com. http://link.brightcove.com/services/player/bcpid1456296551