At Adelman & Wagner, PLLC, the type of fee arrangement will often depend on the type of legal issue that the client presents to us. In general, we can arrange a contingency fee agreement, a flat fee agreement, a retainer with hourly fees, or even a fixed fee plus a lower contingency fee.
For the majority of the litigation matters that we handle, we will be servicing our clients on a contingency fee basis. Our contingency fee percentage will vary and will be dependent on the complexity of the matter being handled. In matters where we are servicing the clients on a contingent fee basis, we will receive the agreed upon percentage based upon the amount awarded in a judgment or negotiated in the settlement of the case.
Hourly billing for legal services is a long – time tradition in the industry. However, for some types of work, flat fees make more sense because they allow clients to better predict legal costs. As a result of this, Adelman & Wagner, PLLC will charge some clients a flat fee for many basic services such as: i) domestication of foreign judgments; or ii) simple document drafting and review.
At Adelman & Wagner, PLLC, we are also aware that there are some clients that would need regular access to legal advice and assistance and as such, we will offer flat rate general counsel services that will be tailored to take care of such clients’ needs.
Retainer With Hourly Fees
At Adelman & Wagner, PLLC, we will also be handling matters on an hourly basis. The client will be charged on an hourly rate for matters such as: i) defending a lawsuit for client; ii) defending a counterclaim for a client; iii) contested post-judgment recovery; or iv) for more complex commercial litigation matters.
Fixed Flat Fee Plus Contingency
For more complex litigation matters, we will be combining hourly billing and a contingency. The client will be billed at a reduced hourly rate with a lower contingency fee upon success. Adelman & Wagner, PLLC will impose this fee arrangement for matters such as: i) complex commercial matters dealing with fraud; ii) litigation matters where there will be significant legal services rendered with a higher possibility of no recovery; iii) subrogation matters; or iv) complex post-judgment recovery.