HOURLY RATE
ATTORNEY’S FEES
The attorney’s fee in this matter will be set as follows:
[ ] Fixed Fee of $______
[ ] Hourly Rate at $______ per hour plus ___% of amount* ( ) recovered saved
[ ] Estimated Fee in the range of: $______ to $______
[ ] Contingent Fee of $______ ( ) saved ( ) recovered ( ) other
*Contingent contract and statement of client’s rights signed as required
[ ] Fee determined on all relevant factors
[ ] Minimum retainer of $______
[ ] Number of hours of attorney time covered by retainer is: ______
[ ] Other: _____________________________________________________
This office will bill you:
[ ] Monthly on the _______ of each month
[ ] Upon completion
[ ] Other arrangement: __________________________________________________
ALL BILLS ARE PAYABLE UPON RECEIPT. IF YOU DO NOT PAY WITHIN THIRTY (30) DAYS OF RECEIPT, YOUR ACCOUNT WILL BEGIN TO ACCRUE INTEREST CHARGES IN THE AMOUNT OF EIGHTEEN PERCENT (18%) ANNUALLY.
RETAINERS
Retainer of $______ is to be applied
[ ] towards fee and out-of-pocket expenses.
[ ] towards fee.
[ ] towards out-of-pocket expenses.
[ ] Retainer is refundable.
[ ] Retainer is nonrefundable.
COSTS AND EXPENSES
Typical out-of-pocket expenses (NOTE: These are not attorney fees) for this matter may include:
[ ] Costs such as court costs, filing fees, process server fees, deposition costs, sheriff or clerk of
court fees, investigator’s fees, etc.
[ ] Abstracting charges or title insurance premiums, clerk’s recording fees.
[ ] Photocopying, long distance telephone, postage, travel costs.
[ ] Other: ____________________________________________________________
[ ] Estimate for costs and expenses (not including attorney’s fees): _______________________
[ ] Expected to range between $_____ and $_____ .
[ ] Not expected to exceed $_____ .
[ ] No expenses expected.
NOTE: This is an estimate for your convenience; it is not a guarantee.
If the above properly sets forth our agreement, please sign below and keep one copy. Return the original together with your check in the amount of $_____ .
We will draw $_____ towards attorney fees and apply $_____ towards out-of-pocket expenses as outlined above. If we do not receive the signed original of this agreement (you retain the copy), and your check within _____ days, we shall assume that you have obtained other counsel and shall mark our file “CLOSED” and do nothing further. Thank you.
Dated: ___________________ By: ______________________________________
Attorney at Law
The above is understood and agreed to by me.
Dated: ___________________ By: ______________________________________
Client
NOTE: This material is intended as only an example, which you may use in developing your own form. It is not considered legal advice and as always, you will need to do your own research to make your own conclusions with regard to the laws and ethical opinions of your jurisdiction. In no event will ISBA Mutual Insurance Company be liable for any direct, indirect, or consequential damages resulting from the use of this material.