Credit: Lemau Studio / Shutterstock.com Solo Attorneys: Should You Charge a Retainer, Flat Fee or Hourly?
The perennial fee question: What are the best practices for solo attorneys to determine the amount and form of their fees?
December 17, 2020 at 01:00 PM
7 minute read
Attorneys are compensated by fees, which may be charged on an hourly basis, a retainer, a fixed fee or a contingency basis. The Rules of Professional Conduct state that fees may not be excessive (Rule 1.5 (a)). Of course, a lawyer informs the potential client the basis for the fee and related expenses, according to the scope of representation. What are the best practices for a solo attorney to determine the amount of the fee?
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