Litigation involves both risk and reward. Not only do the results matter to you, but also the costs. Make sure both also matter to your lawyers.
We work hard and we work smart. Whether we represent you on an hourly billing arrangement, contingent fee, fixed fee or hybrid fee agreement, Zagrans Law Firm’s alternative billing arrangements provide you with the stability and flexibility to suit the needs of your case.
- Contingent fees demand competent representation. They end the flow of bills and eliminate busy work. Contingent fees drive the results because contingent fees reward lawyers for effectively and efficiently resolving their client’s problem. By sharing the risk and reward, a contingent fee parallels the interests of the lawyers with the interests of the client.
- Fixed fees have grown in reputation among corporate clients in particular. Built with budgets in mind, fixed fees provide predictability and accountability. We work with the client and learn about the particulars of the case to arrive at a fair fixed fee that works for both the lawyers and the client. As litigation runs its course, fixed fees protect you from the unpredictability of hourly billing.
- Hybrid fees combine a fixed or hourly fee at a reduced rate with a smaller contingent component to reward the firm for desired results. This billing arrangement maintains the alignment of interests achieved by a contingent fee, but reduces the risk to lawyer and client. Hybrid fees lessen the potential expense of a fixed or hourly representation while retaining for you a larger portion of any award. Flexibility is an excellent characteristic of hybrid fees because it allows us to create a fee structure that meets the particular needs of your case.
We have litigated successfully under each of these fee arrangements and countless variations for both defendants and plaintiffs. In all cases, the alternative billing arrangement is tailored to the particular case.
Please feel free to discuss these matters candidly with us.