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Tuesday, May 15, 2007

 

How Much Do Lawyers Charge?

Legal services are expensive. If you need to help from lawyers, you should know how they charge. You also need to consider court fees. What do you do if you can’t afford a lawyer?
If you plan to talk to your potential lawyers, you should ask them to explain their legal costs and billing practices. Your potential lawyers should be willing to explain their legal costs. Do not feel embarrassed.
Hourly rates, Flat fees, Retainers, and Contingent fees are common legal arrangements. How much is an hourly rate? It depends on his operating costs and experience. You need to shop around. However, cheaper is not always better. You want an experienced attorney.
Sometimes a lawyer may ask for a flat fee. You should know what that fee will and will not cover. For instance, filing fees may be excluded from the flat fee.
A retainer fee is an advance payment for a specific case, and it is usually non-refundable. If you drop a case, you usually forfeit the rest of your retainer fee.
Some lawyers charge by Contingent Fees. In simple English, they will not charge fee from the client, but they will get a percentage. Contingent Fees are usually about one-third of the settlement.
Court costs can add up quickly. You should discuss with your lawyer about miscellaneous court fees.
You should ask your lawyer for a fee agreement in writing. If your lawyer refuses, you might want to look for a new lawyer. Some states require written fee agreements.

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