Alternative Fee Arrangements
Seltzer, Chadwick, Soefje & Ladik, PLLC is committed to providing excellent legal services at a reasonable cost. For certain matters, billable hour arrangements are unavoidable. For other matters, the firm is receptive to alternative fee arrangements which help clients manage legal budgets and provide greater fee predictability. Each matter is different, so the alternative fee arrangement which best suits the specific needs of a client vary, depending upon such factors as the nature, location and volume of the work. Below are some examples of alternative fee arrangements which have been successfully undertaken by the firm:
One-Time Fixed Or Flat Fee
For a specific matter, the firm charges a one-time fixed or flat fee for completion of the matter.
Monthly Fixed Or Flat Fee
Where the client is in need of (a) the implementation of an action plan over the course of two or more months, or (b) legal counsel as matters arise, the firm charges a fixed or flat monthly fee for a pre-determined length of time.
Partial Contingency Fee
In this arrangement, in exchange for percentage of any monies recovered for the client, the firm charges (a) a reduced hourly rate for legal services, or (b) hourly fees up to a predetermined cap.
The firm charges an hourly rate for all legal services up to a specified cap. The client is not charged for legal services which exceed the cap.
The firm charges a discounted hourly rate for repeat engagements by loyal clients. All alternative fee arrangements must necessarily reimburse the firm for expenses incurred on behalf of the client.