Can you negotiate lawyer fees?
Lawyers are experts at their craft and the fees they charge to reflect that. But many people don’t realize how flexible attorneys can be with billing depending on your situation or what you’re going through! Although a lawyer may not invite negotiation over his fee, there are certain circumstances where she will agree to change her bill structure for you.
The most common way lawyers bill their clients is by an hourly rate. However, not every task that your lawyer will perform while working on a case is equal. Therefore, some tasks may be worth more than others which could mean the lawyer charges you based on time spent or simply at their own discretion to charge for specific services and take into account how difficult they were if this so happens to be necessary in order to keep track of what needs doing before moving onto another.
For example, your attorney may charge you one rate for time spent in the courtroom and a lower rate for research done on your case.
Also, many attorneys are often willing to work with their clients on a cap for compensation. This is beneficial because it puts an upper limit on your cost so that you know what the maximum will be before going into any legal proceedings.
One of the best negotiating techniques is to ask your attorney for a 6-minute billing period instead. This will save you money in the long run, so it’s worth asking!
A 5-minute phone call that costs $10 if billed in 6-minute intervals can be a whopping $25 with 15 minutes of billing. This may not seem like much but over the course of an entire court case, this will add up to more than you might think!
A five-minute phone call costing only 10 dollars when charged at six-minute intervals could cost 25 dollars for your lawyer’s hourly rate and time spent on it per hour is even higher are some lawyers charge as high as 100 bucks per hour.
The average attorney charges between $150 and $250 per hour. This is a large chunk of change, but if you have the money to spare it will be worth your while in the end when you are not paying for every minute they bill on their timesheet – which can get very expensive.
Understanding an attorneys billing structure before hiring them can save both frustrations as well as bundles of cash over time because most legal representation agencies charge hourly fees that vary drastically depending on what type of case one has, how long they work with their clients, and more importantly where within geographical boundaries said client resides at any given moment in history (within reason).